[Chain News] PANews, June 25 - The Hong Kong Securities and Futures Commission released its fiscal year report for 2024 to 2025, indicating that as of May, the cumulative net capital inflow from the Hong Kong Stock Connect has exceeded 4.35 trillion yuan, with southbound trading accounting for 22.5% of the total trading volume in the Hong Kong market, reflecting the deepening interconnection between mainland China and Hong Kong. The report pointed out that thanks to the reform measures introduced last year, the listing of new stocks and trading in the Secondary Market have rebounded, allowing Hong Kong to once again become a top global fundraising platform. The development of virtual assets and securities tokenization has accelerated over the past year, propelling Hong Kong towards its goal of becoming a future financial hub.
The Hong Kong Securities and Futures Commission released the “ASPIRe” roadmap earlier this year, aimed at promoting the development of Hong Kong’s virtual asset ecosystem. Subsequently, it allowed 2 virtual asset exchange-traded funds ( ETF ) to be staked. Meanwhile, the total market capitalization of 6 virtual asset spot ETFs listed in Hong Kong has increased by 95% since their launch in April last year, with an average daily trading volume also rising by 16%. In terms of virtual asset trading platforms, the Commission has issued licenses to a total of 11 institutions.
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The net inflow of Hong Kong Stock Connect exceeds 4.35 trillion, and the virtual asset ecosystem in Hong Kong is rapidly developing.
[Chain News] PANews, June 25 - The Hong Kong Securities and Futures Commission released its fiscal year report for 2024 to 2025, indicating that as of May, the cumulative net capital inflow from the Hong Kong Stock Connect has exceeded 4.35 trillion yuan, with southbound trading accounting for 22.5% of the total trading volume in the Hong Kong market, reflecting the deepening interconnection between mainland China and Hong Kong. The report pointed out that thanks to the reform measures introduced last year, the listing of new stocks and trading in the Secondary Market have rebounded, allowing Hong Kong to once again become a top global fundraising platform. The development of virtual assets and securities tokenization has accelerated over the past year, propelling Hong Kong towards its goal of becoming a future financial hub.
The Hong Kong Securities and Futures Commission released the “ASPIRe” roadmap earlier this year, aimed at promoting the development of Hong Kong’s virtual asset ecosystem. Subsequently, it allowed 2 virtual asset exchange-traded funds ( ETF ) to be staked. Meanwhile, the total market capitalization of 6 virtual asset spot ETFs listed in Hong Kong has increased by 95% since their launch in April last year, with an average daily trading volume also rising by 16%. In terms of virtual asset trading platforms, the Commission has issued licenses to a total of 11 institutions.