💬 Opinion on Hong Kong ETFs from Bloomberg analyst Eric Balchunas:
◽️the tool has been approved, but not yet launched. The listing is expected to take place next week;
◽️all issuers are “small fish” when compared to BlackRock. Large ones have not yet been used;
◽️the ecosystem is less liquid than in the USA, which means that there will be spreads and discounts;
◽️commissions, in his opinion, will be high (1-2%).
