The Securities and Futures Commission (SFC) welcomes the first cross-listing in Hong Kong of an actively managed exchange-traded fund (ETF) today.
The cross-listing by way of a master-feeder structure was facilitated by the streamlined requirements for eligible ETFs, broadening Hong Kong’s product offering by introducing the world’s largest active ETF strategy to the city’s investors, while demonstrating Hong Kong’s competitiveness in attracting overseas ETFs (Note 1).
With an Irish master ETF, the new feeder ETF is yet another testament to the market connectivity between Hong Kong and Ireland, in addition to the two markets’ recent Memorandum of Understanding on Mutual Recognition of Funds (Note 2).
The SFC’s Executive Director of Investment Products, Ms Christina Choi, said: “The cross-listing of this active ETF has underscored Hong Kong’s unique role as a gateway for international asset managers seeking access to Asia-Pacific’s dynamic investor base and the SFC’s commitment in fostering international collaboration in the asset management space.”
Notes:
- Further details of the SFC’s streamlined requirements for overseas master ETFs are set out in the SFC’s circular.
- The SFC and the Central Bank of Ireland entered into a Memorandum of Understanding on Mutual Recognition of Funds in May. For details, please see the SFC’s press release dated 14 May 2025.
