Mainland-Hong Kong Stock Connect officially includes ETFs

The announcement came just days before Hong Kong marked the 25th anniversary of its return to Chinese sovereignty and is being viewed by some as a “gift” by Beijing to Hong Kong, but despite the symbolic timing, the move to include ETFs in the Stock Connect was inevitable and logical. This is just the latest in a spate of activity related to the two-way opening of China’s capital markets over the past few months…