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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/china-and-hong-kong-trade-agreements-could-open-doors-for-investors/" data-wpel-link="internal">China and Hong Kong Trade Agreements Could Open Doors for Investors</a><br></p>
<p style="text-align: justify">Trade agreements between <strong>China</strong> and <strong>Hong Kong</strong> could enable <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investors</a> in China to access Bitcoin ETFs in Hong Kong. Last week, the launch of spot exchange-traded funds (ETFs) for BTC and <a href="https://en.coin-turk.com/ethereum-price-trends-and-critical-resistance-levels/" data-wpel-link="internal">Ethereum</a> in Hong Kong is known to offer new opportunities for Asian traders. However, will Chinese investors really be able to access crypto-focused <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investment</a> products without restrictions?</p> 
<h2 style="text-align: justify" id="a-significant-move-for-chinese-investors">A Significant Move for Chinese Investors?</h2> 
<p style="text-align: justify">The first week of ETFs based in Hong Kong was calm compared to their counterparts in the USA. However, the proximity of Hong Kong to China has become a significant point of discussion regarding whether these ETFs will be accessible to mainland Chinese investors.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-348202 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/btc-eth-etf.png" alt="" width="604" height="829"></p> 
<p style="text-align: justify">Richard Byworth, managing partner at SyzCapital and a BTC investor, has sparked speculations that Bitcoin ETFs listed in Hong Kong could soon be accessible to investors in mainland China. In a response to Samson Mow, Byworth mentioned that he heard talks about the inclusion of the spot BTC ETF in Stock Connect.</p> 
<h2 style="text-align: justify" id="what-is-stock-connect">What is Stock Connect?</h2> 
<p style="text-align: justify">Stock Connect is a mechanism that allows qualified investors to access suitable stocks in different markets. Specifically, the Shenzhen-Hong Kong Stock Connect links the Shenzhen Stock Exchange with the Hong Kong Stock Exchange, enabling cross-border <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">investments</a>.</p> 
<p style="text-align: justify">Through this program, investors in both markets can trade shares in the other market using their local brokers and clearing houses. Stock Connect covers a wide range of stocks but is subject to daily quotas, ensuring transactions are balanced and orderly.</p> 
<h2 style="text-align: justify" id="the-topic-becomes-a-discussion-point">The Topic Becomes a Discussion Point</h2> 
<p style="text-align: justify">Although Byworth’s claim is merely a rumor, China’s anti-crypto stance has sparked significant debate on social media. Brian HoonJong Paik, co-founder and COO of SmashFi, addressed rumors that mainland Chinese investors might soon potentially access Hong Kong ETFs.</p> 
<p style="text-align: justify">As mentioned above, Paik noted that 70% of China’s wealth is in real estate and there are currently 100 million vacant homes, highlighting the Communist Party of China’s (CPC) need for an alternative asset to reduce social unrest.</p> 
<p style="text-align: justify">Furthermore, in another article by Paik, he detailed various trade arrangements between the Shanghai and Hong Kong markets that could enable Chinese investors to invest in spot BTC ETFs in Hong Kong.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/china-and-hong-kong-trade-agreements-could-open-doors-for-investors/" data-wpel-link="internal">China and Hong Kong Trade Agreements Could Open Doors for Investors</a></h5>

China and Hong Kong Trade Agreements Could Open Doors for Investors

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