The Hong Kong Stock Exchange will launch a virtual asset index series

2024-10-28 12:11:46

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ChainCatcher news, the Hong Kong Stock Exchange announced today that it will launch the Hong Kong Stock Exchange Virtual Asset Index Series (the Index Series) on November 15, 2024, providing a reliable benchmark price for the rapidly emerging asset class of virtual assets, supporting Hong Kong's development as Asia's leading digital asset hub.

The Index Series will provide transparent and reliable benchmarks for the pricing of Bitcoin and Ethereum in the Asian time zone, aiming to offer a unified reference price for virtual assets and address the price discrepancies of these assets across global exchanges.

HKEX Group CEO Charles Li stated, "We are pleased to launch the Hong Kong Stock Exchange Virtual Asset Index Series to meet the demand for this rapidly emerging asset class in the region. By providing a transparent and reliable real-time benchmark, we hope to help investors make informed investment decisions, thereby supporting the healthy development of the virtual asset ecosystem and reinforcing Hong Kong's status as an international financial center." (Jin Shi)

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