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Hong Kong Shatin District Councillor Deng Zhaofeng: ETF allows individual investors to participate in the virtual currency market with small investme

CointimeCointime2024/04/23 06:19
By:Cointime

Hong Kong Sha Tin District Councilor Deng Zhaofeng published an article entitled "Grasping Financial Innovation Opportunities and Not Forgetting to Exclude Risks" in the A14 edition of Hong Kong Wen Wei Po, pointing out that the launch of Hong Kong's virtual currency ETF brings three opportunities to the market:

1. Enhancing liquidity and market pricing transparency, virtual currency ETF provides investors with a more flexible and transparent investment method;

2. Improving the risk diversification efficiency of investment portfolios, virtual currency ETF enables individual investors to participate in the virtual currency market with small investments;

3. Promoting innovation and development in Hong Kong's financial market, it is expected to attract more overseas investors and technology companies to invest or establish branches in Hong Kong, and strengthen Hong Kong's position as an international financial center.

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