Hong Kong’s regulator is responding to the demand for access to the plethora of offshore-listed ETFs.

Hong Kong’s regulator is responding to the demand for access to the plethora of offshore-listed ETFs.
The bank’s Hong Kong operations, which include brokerage, asset and wealth management services, recorded losses in the last few years.
Puhui Wealth joins the growing list of Chinese firms expanding outside of the mainland.
The world’s two largest passive product providers are set up in Hong Kong, but there is no substantial investor education on ETFs.
China onshore investors exited Hong Kong-domiciled funds in October, according to China’s State Administration of Foreign Exchange (Safe).
Led by Tino Moorrees, BNP Paribas Asset Management’s ex-Hong Kong CEO, the multi-boutique fund house plans to distribute funds to professional investors.
One of the products that received approval is sub-advised by Aberdeen Standard Investments.
Salaries of relationship managers and product specialists at private banks in the SAR are expected to increase by 14-25%, according to a survey.
Hong Kong-based Magnum Research is also launching a stand-alone fixed income ETF portfolio for its B2C clients.
But the demand for such products is expected to slow with market expectations of a rate cut from the Federal Reserve, according to a Cerulli report.
Part of the Mark Allen Group.