
Hong Kong's exchange-traded product (ETP) market has expanded sharply, with daily turnover rising 3.6 times since 2023 to account for nearly one-fifth of trading on the stock exchange's Main Board, Securities and Futures Commission (SFC) Chief Executive Julia Leung said. The growth reflects efforts to broaden the range of investment products available to investors and improve market liquidity, including the development of active exchange-traded funds (ETFs), covered-call ETFs and spot virtual-asset ETFs, Leung said in