New batch of ETFs make HK market debut
Three new exchange-traded funds that track cross-market indices debuted on the Hong Kong stock exchange on Monday, marking the first batch of such products being listed in the SAR. They are the HKEX Tech & US Tech 100 Index, the HKEX Bursa Malaysia Large Cap Index ETF, and the HKEX KRX Semiconductor Index. "This is a very important milestone in the development of our index business," the CEO of the Hong Kong Stock Exchanges and Clearing Bonnie Chan said during the listing ceremony. "These and all of today's ETF listings further drive vibrancy in our ever-growing equities, ETFs and derivatives ecosystem. They also broaden the products and tools available to investors to access opportunities across our ecosystem," Chan said. "Today's listing is a testament to the continued vitality and innovation of Hong Kong ETF's market," said Grace Chan, director of investment products at the Securities Futures Commission. "It reflects the industry's ongoing efforts to develop new investment solutions and provide investors with a broader range of investment choices to meet their diverse needs." She added that the growing breadth of ETF offerings in Hong Kong continues to reinforce the city's leading role in the ETF market. Edited by Tony Sabine
Read full articleMore News
Ukraine strikes Yandex data centre in third attack on Russian tech giant
It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.
China's tech tourism boom reshapes inbound travel and shopping
China's tech tourism boom reshapes inbound travel and shopping
A Contagious Aversion to Overhead Lights
Plus: How far to go for a colleague, and now your chance to give someone advice.
Three Mark Zuckerbergs, Three Surprisingly Different Men
Jeremy Strong in “The Social Reckoning,” Jesse Eisenberg in “The Social Network” and the real Meta executive are all playing parts. But only one has changed his approach.
San Francisco Is Still Pushing to Turn Offices Into Homes
The city has not completed a single office-to-housing conversion, despite hopes to meet housing demand and inject life into empty downtowns.
CSRC holds expert forum on capital market and financial landscape
The China Securities Regulatory Commission held in-depth exchanges with heads of some listed companies and experts from securities and fund institutions on October 10 in Beijing.
EU faces mounting pressure amid concerns over winter energy supplies
The European Union is heading into winter with gas storage at its lowest seasonal level in more than a decade, while geopolitical tensions and rising energy costs are adding pressure on households and businesses.
EU official: Exchanges with China have reached unprecedented intensity
European Commissioner for Trade and Economic Security Maros Sefcovic said on Friday during a press conference in Beijing that exchanges with Chinese counterparts had reached unprecedented levels of intensity over the past three to four months, stressing that negotiations are key to addressing trade issues. A third regular meeting of the two sides' consultation mechanism will take place in March 2027.
Charities and businesses wrestle with diesel cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.
Justice Dept. Is Investigating TV Networks Over Trump Pool Coverage
Major TV networks were notified on Friday that the department was examining whether they violated antitrust laws when they suspended pool coverage of President Trump.
Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win
Clara Wu Tsai, a co-owner of the Liberty and Nets, split from her husband of 30 years. Now she is turning her attention to leaving her mark on the borough.
China, EU talks show scope for cooperation despite disputes: expert
China and the European Union have the potential to deepen economic and trade cooperation by addressing their differences through negotiations and providing businesses with a more stable and predictable environment, a Chinese trade expert told CGTN on Saturday, following the two sides' latest trade talks in Beijing.