Hong Kong-listed exchange traded funds attracted “strong net inflows” of HK$16.2bn ($2.07bn) representing a 12 per cent jump in average daily turnover from the previous quarter, according to the Securities and Futures Commission.
The local regulator said that the territory’s total of 175 SFC-authorised ETFs had a market capitalisation of HK$369.5bn at the end of September.
Hong Kong-domiciled funds posted net inflows of HK$11.7bn in the three months to the end of September, but assets under management in these products fell by 3 per cent compared with the previous quarter to about HK$1.3tn.
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