Hong Kong launches Asia's first individual stock leveraged Reverse ETF to enrich the market ecosystem.

[Coin World] The Financial Secretary of Hong Kong, Paul Chan, published a Secretary's essay titled "Exploring New Markets and Developing New Areas to Promote Growth through Incremental Development," in which he pointed out that the market generally has a positive outlook on the performance of Hong Kong stocks and the new stock market in the second half of the year. Exchange Traded Products (ETP) linked to different types of assets have become a driving force supporting the liquidity of Hong Kong stocks in recent years. Currently, there are over 210 ETP products listed in Hong Kong, anchored in assets including stocks, fixed income products, commodities, currencies, and even digital assets. In March this year, Hong Kong welcomed the first batch of leveraged and inverse products in Asia, including those tracking popular U.S. stocks such as Nvidia, TSL, a certain exchange, and a certain company. Their structure focuses on the changes in leveraged daily performance, enriching the market ecology and providing more short-term trading and hedging tools.