L&I ETFs tipped for HK launch in June

Hong Kong is expected to see its first leveraged and inverse exchange-traded funds listed next month – much earlier than previous expectations – and Chinese and Korean managers are thought to be likely first movers.  This will come as welcome boost for asset managers, after concerns had been voiced that Hong Kong was lagging as a regional ETF hub and potentially being overtaken by other jursidictions.  Several clients of law firm Simmons & Simmons have expressed interest in …