| HKEX to Digitalise ETP Servicing Capabilities with Online Platform
November 5, 2024--Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) plans to digitise and automate the in-kind creation and redemption process for relevant exchange-traded products (ETP) in 2025 through the adoption of a web-based platform, subject to technical readiness and regulatory approval. |
| This platform will be integrated into the ETP creation and redemption process, connecting key ETP participants with the use of Distributed Ledger Technology (DLT) and smart contracts, and will help increase overall ETP market efficiency, supporting the continued growth of secondary market activity for ETPs. |
| China's Economy Has Not Peaked January 7, 2025--Chinese policymakers should allow for a more market-driven allocation of land, money, and labor. |