TechFlow reports, according to Hong Kong Wen Wei Po, Victory Securities Executive Director Chan Pei-chuen said in an interview that currently Chinese-funded funds are the main issuers developing cryptocurrency ETFs, sending a signal to the market. While he does not speculate on mainland policies, he is optimistic that the mainland may in the future loosen regulations or even allow retail investors to trade virtual products via the Stock Connect program. "Possibly the mainland also has developmental needs in this area, and Hong Kong can serve as a 'testing ground,' which is one of Hong Kong's traditional strengths."
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