A policy change by the National Financial Reporting Authority (NFRA) allows Mainland insurance funds to access Hong Kong exchange-traded funds (ETFs) through Southbound Stock Connect, extending the investor base for the city's ETF market.
Hong Kong Exchanges and Clearing Limited (HKEX) said that China's main financial regulator the National Financial Regulatory Administration (NFRA) has approved Chinese Mainland insurance funds to invest in Hong Kong-listed exchange traded funds (ETFs) through the Southbound Stock Connect programme. Average daily turnover in Southbound ETF trading reached HK$5.8 billion (US$740.1m) during the first seven months of 2026 The move represents an expansion of investment channels available to Mainl