Executive Director of Victory Securities: Optimistic about allowing retail investors to trade virtual products through "Hong Kong Stock Connect" in the future

ChainCatcher news, Executive Director of Victory Securities, Chen Peiquan, stated in a recent interview that the current issuers developing virtual currency ETFs are mainly Chinese-funded institutions. Chen Peiquan believes this sends a "signal" to the outside world. Although he does not speculate on mainland policies, he is optimistic that the mainland will relax regulations in the future, and may even allow retail investors to trade virtual products through the "Hong Kong Stock Connect." "There may also be a development need in the mainland, and Hong Kong can serve as a testing ground, which is one of Hong Kong's traditional advantages."

In addition, Chen Peiquan believes that Hong Kong needs to quickly introduce relevant derivative instruments for virtual assets, including futures and options, to hedge against the risks of virtual currencies. This will play a crucial role in further advancing Hong Kong's position in the virtual market.