SyzCapital Partner: Hong Kong Bitcoin Spot ETF Could Be Included in Shanghai-Hong Kong Stock Connect Plan

Richard Byworth, managing partner and bitcoin investor at SyzCapital, has revealed that Hong Kong-based bitcoin spot ETFs could be included in the Shanghai-Hong Kong Stock Connect scheme. It is understood that the Shanghai-Hong Kong Stock Connect allows qualified investors in one market to buy qualified stocks in another market for a certain quota. Shenzhen-Hong Kong Stock Connect is a cross-border investment channel connecting the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Investors in either market can use local brokers and clearing houses to trade stocks in the other market. The Shanghai-Hong Kong Stock Connect scheme covers a wide range of stocks, but there is a daily quota limit.