Chan Ho-lim: The listing of virtual asset ETFs will increase the diversity of products in the Hong Kong market

Odaily News Hong Kong Financial Services and the Treasury Bureau Deputy Secretary Chan Ho-lim said that as of early May, the Hong Kong government's new capital investor entry scheme (CIES) had received more than 2,500 inquiries and more than 140 applications. Chan Ho-lim pointed out that eligible persons can settle in Hong Kong and seek development by investing at least 30 million yuan in permitted investment assets, including funds approved by the Securities and Futures Commission. Last month, Hong Kong also welcomed the listing of the first batch of spot virtual asset ETFs, adding diversity to Hong Kong market products and further supporting Hong Kong's leading ETF market position. (Hong Kong Economic Journal)