Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices

Pedestrians walk past the Exchange Square complex which houses the HKEX. —Bloomberg

HONG KONG: Hong Kong and Saudi Arabia are exploring the creation of an exchange-traded fund (ETF) tracking Hong Kong indices, Hong Kong Deputy Financial Secretary Michael Wong said in a statement on Thursday.

The Hong Kong government is currently working with several financial institutions to develop the ETF, Wong said.

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