💬 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%).

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