It will be the second product under the new ETF connectivity scheme between Hong Kong and the mainland.

It will be the second product under the new ETF connectivity scheme between Hong Kong and the mainland.
Most Hong Kong investors are unwilling to seek profits ahead of personal values, according to Schroders’ research.
The firm is expected to roll out its first retail mutual fund in the SAR, which has also been added to the SFC’s list of green and ESG funds.
For the first time since March this year, investors in Hong Kong pulled money out of southbound funds.
It will be the first time that the firm has partnered with an insurer in the SAR.
So far, it is the only SFC-authorised fund that the firm is managing in the SAR.
Firms will have to be competitive in terms of how they price their products, according to a Hang Seng IM’s CEO.
Retail investors in the SAR expect double-digit returns as many shift to riskier assets despite Covid-19, according to a global survey.
The US asset manager will close its Hong Kong ETF business and move its regional HQ to Shanghai.
Assets sourced from family offices and trusts grew nearly 90% during the year.
Part of the Mark Allen Group.