The Director of the Investment Products Department of the Securities and Futures Commission, Tsai Fengyi, stated that the trading volume of Exchange Traded Funds (ETFs) on exchanges has been continuously increasing. As of the end of August this year, the cumulative trading volume of ETFs in the southbound channel has exceeded 1 trillion yuan, while the cumulative trading volume in the northbound channel has also exceeded 300 billion yuan. Currently, their transaction amount accounts for approximately 15% of the total market turnover of the Hong Kong Stock Exchange (00388.HK), surpassing warrants and bear/bull certificates, indicating that ETFs are becoming increasingly popular as investment tools. The SFC will continue to collaborate with the China Securities Regulatory Commission and relevant authorities to further optimize the ETF link in the future.WarrantsandBear/Bull Certificatescombined share, showing that ETFs are becoming increasingly popular as investment tools. The SFC will continue to collaborate with the CSRC and relevant authorities to further optimize the trading of ETFs in the future.

According to data from the Hong Kong Exchange, in the first nine months of this year, unit trust funds including ETFs have consistently accounted for a larger share of the total market turnover than warrants and bull/bear certificates. In September alone, the trading volume of unit trust funds accounted for 15.6% of the total market turnover, higher than the 7.9% share of warrants and bull/bear certificates.