Victory Securities Executive Director: I am optimistic about allowing retail investors to buy and sell virtual products through the "Hong Kong Stock
Victory Securities Executive Director Chen Peiquan said in a recent interview that the current issuers of virtual currency ETFs are mainly Chinese-funded funds. Chen Peiquan believes that this is a "signal" to the outside world. Although he does not speculate on mainland policies, he is optimistic about the future of the mainland relaxing and even allowing retail investors to trade virtual products through "Hong Kong Stock Connect". "There may also be a need for such development in the mainland, and Hong Kong happens to be a testing ground, which is also one of Hong Kong's traditional advantages." In addition, Chen Peiquan believes that Hong Kong needs to quickly launch related derivatives of virtual assets, including futures and options, to hedge against the risks of virtual currencies. This has a critical role in promoting Hong Kong's further development in the virtual market.
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