Hong Kong Securities and Futures Commission: We believe that fund companies applying for virtual asset ETFs will submit applications to the Hong Kong Stock Exchange next
2024-04-16 04:07
Odaily News At present, some fund companies have stated that they have obtained conditional and in-principle approval from the Hong Kong Securities and Futures Commission for virtual asset spot ETFs. In response to inquiries from Hong Kong media, the Hong Kong Securities and Futures Commission stated that investment products approved by the Securities and Futures Commission will be listed on the list of investment products for public sale on the Securities and Futures Commission’s website. The Hong Kong Securities and Futures Commission pointed out that if the ETF product applied for generally meets the requirements of the Commission, a conditional authorization letter will be issued, but various conditions must still be complied with, including payment of relevant fees, submission of documents, and obtaining listing approval from the Hong Kong Stock Exchange. It is believed that the relevant fund companies will submit applications to the Hong Kong Stock Exchange in the next step. (Ming Pao)
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