The Hong Kong Exchange has secured a strong position in the global ETF market, ranking third globally for liquidity. According to data revealed by Jean-Francois Mesnard-Sense, Senior Vice President of the Securities Product Development Department at the Hong Kong Stock Exchange, average daily trading volume reached nearly HK$38 billion as of September’s end. This remarkable performance positions Hong Kong as the leading ETP market in Asia-Pacific. As of the same time period, assets under management within this sector stood at a significant 8.1 billion Hong Kong dollars. Looking ahead, the Hong Kong Stock Exchange is taking steps to digitize the subscription and redemption process for ETF primary markets, marking an exciting advancement for the region.