Hang Seng Investment Management Co., Ltd., the largest ETF manager in Hong Kong, said it is reviewing the possibility of deploying cryptocurrencies in existing investment products, after HSBC, the largest bank in Hong Kong, announced that it would allow its customers to purchase cryptocurrency ETFs.
Hang Seng Investment Management (HSVM) is the largest ETF manager with over 40% of market share in the HK ETF market by asset under management. It also has the largest ETF average daily turnover in 2022. HSVM is a wholly-owned subsidiary of Hang Seng Bank.
Related: HSBC HK Allows Customers to Trade Virtual Asset ETFs Listed on the Hong Kong Stock Exchange
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