SyzCapital Partner: Hong Kong Bitcoin Spot ETF May Be Included in the Shanghai-Hong Kong Stock Connect Program
Golden Finance reported that Richard Byworth, managing partner of SyzCapital and Bitcoin investor, revealed that the Hong Kong Bitcoin spot ETF may be included in the Shanghai-Hong Kong Stock Connect program. It is reported that the Shanghai-Hong Kong Stock Connect allows qualified investors in one market to purchase qualified stocks in another market with a certain quota. The Shenzhen-Hong Kong Stock Connect is a cross-border investment channel connecting the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Investors in either market can use local brokers and clearing houses to trade stocks in the other market. The Shanghai-Hong Kong Stock Connect program covers a wide range of stocks, but there are daily quota restrictions.
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