Still, market observers are less enthusiastic about the new offerings.
“We think that these ETFs will not see that much demand from investors. If you look at the correlation between domestic and Hong Kong market performance, it’s very high, plus a lot of companies listed in Hong Kong are Chinese anyway,” Winnie Deng, analyst at Z-Ben Advisors, said in the report. “Also everybody is getting out of equities, so investors will probably not will be there to support the launch of the first two funds.”
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Max Chen contributed to this article.