CSOP: Still working on launching Hong Kong spot virtual asset ETF products due to insufficient preparation of counterparties

Ding Chen, the CEO of Southern East English Asset Management Co., expressed regret in an interview with Bloomberg for not being able to become the first to launch a virtual asset ETF in Hong Kong. She revealed that Southern East English is still working closely with institutions and partners to successfully launch a virtual asset spot ETF, as this not only relies on asset management companies, but also on custodians, market makers, PDs, and others. Currently, some trading counterparts are still not fully prepared. But once we are ready, we will launch related products.