Turnover of HK-listed ETFs soars in 2014
ETFs accounted for 95% of the turnover, according to the exchange’s annual fact book.
The trading continued to be dominated by A-share ETFs, which recorded a total turnover value of HK$887.5bn in 2014, accounting for 76% of the annual turnover of all ETFs (HK$1.16trn).
The turnover of ETFs and REITs collectively constituted 7% of the total turnover of all securities on the main board, compared to 6% in 2013.
The average daily turnover was HK$5bn— HK$4.7bn for ETFs and HK$273m for REITs.
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