Exchange-traded funds issuance on the up in Hong Kong, says SFC

The number of exchange-traded funds (ETFs) authorised by Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), has increased substantially. This includes the recent approval of six ETFs, one of which tracks an index based on commodities futures.

The SFC says that it has facilitated the introduction of ETFs in recent years as part of a move to extend choice for investors.

Hong Kong's first ETF was launched in 2004 and tracked the performance of China's A-share market. Others

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