Now the focus of Hong Kong ETFs shifts towards the possibility of permitting Mainland access via the Stock Connect cross border program.
Normally I'd be the first person to vehemently call this out as nothing more than wishful thinking. Then again I need to remind myself just how wrong I was about the actual approval of a Hong Kong Bitcoin ETF in the first place. Considered that wishful thinking too until the day approvals were announced.
Suspect the odds of permitting Chinese to indirectly buy the Hong Kong ETFs as now 50-50. Moreover, I'd keep a close watch on July 1st for a possible approval. China normally likes to provide new "reforms" to Hong Kong on the handover anniversary.
