First active ETF cross-listing in Hong Kong underscores the city’s status as premier asset and wealth management centre

On July 9, 2025, the Securities and Futures Commission (SFC) announced the first cross-listing in Hong Kong of an actively managed exchange-traded fund (ETF). This cross-listing, utilizing a master-feeder structure, showcases Hong Kong’s competitive edge in attracting international ETFs and expands its product offerings by introducing the world’s largest active ETF strategy to local investors. The new feeder ETF, linked to an Irish master ETF, highlights the growing market connectivity between Hong Kong and Ireland, reinforced by their recent Memorandum of Understanding on Mutual Recognition of Funds. Ms. Christina Choi, the SFC’s Executive Director of Investment Products, emphasized that this development underscores Hong Kong’s role as a gateway for international asset managers targeting the Asia-Pacific investor base and reflects the SFC’s commitment to fostering global collaboration in asset management. Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=25PR107