Hong Kong Market Sees 13 New 60/40 Structure ETFs in Three Trading Days

The concentration of new listings around a single structure suggests Hong Kong's ETF pipeline is being shaped less by retail demand than by the prospect of ETF Connect eligibility, with institutions positioning ahead of a channel that does not yet exist. That makes the current flow a bet on future access rather than present liquidity, and it leaves the market's near-term depth untested. Whether issuance stays this lopsided once Connect inclusion is actually granted — and whether the underlying assets can absorb the capital such access implies — is the open question.