Business · Markets · 11 hrs ago

Nearly half of Hong Kong investors plan to buy or add to ETFs

Nearly half of Hong Kong investors plan to buy or add to ETFs

A survey of 2,007 Hong Kong adults found that nearly half plan to start investing in ETFs or add to their holdings over the coming year.

ETFs are investment products traded on exchanges, and 31% of those surveyed already held them.

That ownership rate was the second-highest among five Asia-Pacific markets studied: Hong Kong, Australia, Japan, Singapore and Taiwan.

The survey points to growing interest in using ETFs to build wealth over the long term.

Hong Kong’s exchange-traded product market has also seen a trading boom.

Expanded investment links with mainland China through the Stock Connect scheme, along with more products listed in the city, have supported that activity.

The survey does not say what investors will buy or how their plans will affect the market.

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