According to Foresight News, LD Capital, Antalpha Ventures, and Highblock have announced the launch of a HK$1 billion (approximately $128 million) liquidity fund for Hong Kong Exchange Traded Funds (ETFs). The fund aims to provide market-making services for Hong Kong ETFs, enhance liquidity, improve the efficiency of capital flow, and reduce the risks associated with liquidity and trading fluctuations.
The move is seen as a significant step towards strengthening the financial ecosystem in Hong Kong, particularly in the ETF market. By providing market-making services, the fund will help to ensure a steady flow of capital and mitigate the risks associated with market volatility. This will, in turn, contribute to the overall stability and growth of the Hong Kong ETF market.
