On the 21st, the Hong Kong Stock Exchange announced that the Hong Kong ETP (Exchange Traded Products, including Exchange Traded Funds and Leveraged and Reverse Products) market will experience strong growth in 2025, becoming the third highest ETP trading market in the world. Statistics show that by 2025, the Hong Kong ETP market will experience explosive growth, with an average daily transaction volume of HKD 37.8 billion as of the end of September, a year-on-year increase of 146%, making it the third highest ETP market in the world, surpassing South Korea and Japan. The Hong Kong Stock Exchange believes that this is mainly due to the popularity of technology exchange traded funds (ETFs), especially the significant contribution of the flagship Hang Seng Technology Index ETP, which has driven the overall growth of the ETP market. At the same time, a large number of investors have purchased qualified ETFs through the Hong Kong Stock Connect, resulting in a steady increase in ETP trading volume. The Hong Kong Stock Exchange stated that in the first three quarters of 2025, a total of 14 technology themed ETFs were listed in Hong Kong, with a total asset management scale of HKD 120.1 billion, an increase of 102% year-on-year. In terms of biotechnology, a total of three biotechnology themed ETFs have been listed since the beginning of the year, with a total asset management scale of HKD 3.4 billion, an increase of 123% from the end of September 2024. (New Society)