No, Hong Kong’s Crypto ETFs Aren’t Obtainable in Mainland China

No, Hong Kong’s Crypto ETFs Aren’t Obtainable in Mainland China

by Jeremy

Including some gasoline to the fireplace was a piece within the SCMP that mentioned these ETFs can be accessible to mainland merchants who’ve Hong Kong residency and brokerage accounts. That’s actually true, however there’s an enormous caveat: it is like saying that mainlanders with U.S. residency can open an American brokerage account and commerce New York-listed shares (which they’ll’t). This doesn’t suggest that they’re accessible in mainland China, because the buying and selling, by mainlanders with Hong Kong residency, is completed in Hong Kong.

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