SyzCapital Partner: Hong Kong Bitcoin Spot ETF May Be Included in the Shanghai-Hong Kong Stock Connect Program

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Cointime2024/05/07 08:31

By:Cointime

Richard Byworth, managing partner of SyzCapital and Bitcoin investor, revealed that a Hong Kong Bitcoin spot ETF may be included in the Shanghai-Hong Kong Stock Connect program. It is reported that the Shanghai-Hong Kong Stock Connect allows qualified investors in one market to purchase qualified stocks in another market with a certain quota. The Shenzhen-Hong Kong Stock Connect is a cross-border investment channel connecting the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, and investors in either market can trade stocks in the other market through local brokers and clearing houses. The Shanghai-Hong Kong Stock Connect program covers a wide range of stocks, but has a daily quota limit.

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