Maverick Derivatives’ Post

In a major milestone, the 𝐂𝐡𝐢𝐧𝐚𝐀𝐌𝐂 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐄𝐓𝐅 (3042 HK/83042 HK/9042 HK), within one month following its market debut, has hit 𝐇𝐊𝐃 𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐀𝐔𝐌! It is a proof point of the ETF’s exceptional performance among peers across various aspects such as high liquidity, low cash holdings, and tight spreads. "The milestone underscores the efficiency and dynamism of Hong Kong’s financial ecosystem, which supports innovative financial products and encourages robust market activities," noted Thomas Zhu, Head of Digital Assets and Head of Family Office Business. Investment involves risk, including possible loss of principal. The information contained herein does not constitute an offer or invitation to anyone to invest in any funds and has not been prepared in connection with any such offer. The material has been prepared and issued by China Asset Management (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission.

‘You can trade from anywhere, all you need is a wifi connection’ Somewhat true, but you can’t sip cocktails on a beach somewhere while executing trades off your phone like the scammers make out. Like any remote job, you can take your setup anywhere and work as a trader. But you need to be well prepared and fully focused on the markets to succeed. You can’t just dip in and out while on holiday. The financial markets are complex and require focus, dedication and routine. Aside from that, you also need to consider time differences and session times while abroad. For example:- London traders see the best of the day Frankfurt session | London session | NY session then sleep through Asia. While west coast US traders need to wake up in the middle of the night to trade Frankfurt, London and early NY. Yes trading can provide freedom and a huge scaleable income, but it still takes a lot of hard work.

Hong Kong Virtual Asset Management Company Pan Du Receives Regulatory Upgrade According to Odaily, Pan Du, a Hong Kong-based virtual asset management company, has announced that its existing first-class (securities trading) and fourth-class (providing opinions on securities) regulated businesses have been approved for an upgrade by the Hong Kong Securities and Exchange Commission. Effective immediately, Pan Du can provide distribution and investment advisory services to funds with a virtual asset investment ratio exceeding 10%. This regulatory upgrade marks a significant step for the company in expanding its services and reaching a broader market. #SEC #ETF #DeFi #Metaverse #crypto #compliance #news #virtualcurrency #law #USA #India  #Tokenization  Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.

Vilnius, Lithuania, January 15th, 2024, Chainwire The single-industry-focused ETFs limit diversification and Dollarino is here to do the exact opposite. Dollarino is the first major reaction that acts as an anti ETF coin, standing on behalf of those who want to generate their own negotiation on ETFs in order to be able to diversify their […] https://lnkd.in/dVCJ3TuD

🌐 About ten fund companies are reportedly gearing up to launch virtual asset spot ETFs in Hong Kong, with seven or eight in advanced stages. 🔘 This follows Hong Kong regulators expressing readiness to accept applications for these ETFs in December 2023, potentially making Hong Kong the first Asian market to list virtual asset spot ETFs. #rcz #etf #market #crypto #virtual #asset

HOW TO BECOME A PROFESSIONAL TRADER What Is A Professional Trader? Upon getting trading knowledge and getting real money from your trades, you need to consider becoming a professional trader. But what makes a professional trader? Professional traders take trading as their full-time career. They understand finance and business and use their knowledge, experience, and skills to earn money from financial markets. They spend a lot of time analyzing present market situations, creating trading strategies precisely tailored for the asset they specialize in, and executing them to profit from successful trades. They can:- 1. open and close trades on the same day (day traders) 2. several days (swing traders). Each trading style has distinct appeals, and experienced traders can decide on what they want to specialize in. KEY TAKEAWAYS ✓ Professional traders make trading their full-time job and can work for a company or be self-employed. ✓ Professional traders need to figure out how financial markets work and understand how to create their strategies and techniques to ensure successful results. ✓ The trading enterprise is predicted to grow in the next decade, so now is an incredible opportunity to become a professional trader. ✓ Working for a corporation as a professional trader is more stable, whereas being a self-employed trader lets you manage your work atmosphere as per your wants and needs. More next weekend.. Have a pipful week!!!

Most popular article: Embattled Hong Kong asset manager Value Partners has let go of around one third of its China-based employees due to losses in its private fund management business. Find the full article on Ignites Asia.

Today’s China Top Five:   💡 𝗠𝗥𝗙 | 𝗝𝗣 𝗠𝗼𝗿𝗴𝗮𝗻 J.P. Morgan Asset Management has suspended onshore purchases for its JP Morgan Asian Total Return Bond Fund. Recent growth of the fund’s onshore AUM has means that it is now approaching MRF’s 50-50 onshore-to-offshore sales limit; revised rules to loosen this cap to 80-20 have yet to be implemented. 💡 𝗤𝗗𝗜𝗜 | 𝗙𝗠𝗖𝘀 Several QDII funds from managers such as Hwabao WP and CCB Principal Asset Management are relaxing purchase limits following recent global market turbulence. Several popular QDII ETFs have also seen their premiums drop sharply over the past week. 💡 𝗣𝗲𝗼𝗽𝗹𝗲 𝗠𝗼𝘃𝗲𝘀 | 𝗔𝗺𝘂𝗻𝗱𝗶 𝗕𝗢𝗖 𝗪𝗠 Amundi BOC WM has hired two additional members for its investment team. Both come from Bank of Qingdao WM, where the current interim CEO of Amundi BOC WM also formerly worked. Bank of Qingdao WM has seen rapid growth in recent years. 💡 𝗠&𝗔 | 𝗚𝘂𝗼𝗹𝗶𝗮𝗻 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 Guolian Securities Co Ltd has disclosed a detailed plan to acquire 99.26% of Minsheng Securities Co.,Ltd. through issuing A-shares, with a total transaction value of approximately RMB29bn. Several other mergers are also in progress within the securities industry. 💡 𝗠𝘂𝘁𝘂𝗮𝗹 𝗙𝘂𝗻𝗱𝘀 | 𝗦𝗵𝗮𝗿𝗲𝗰𝗹𝗮𝘀𝘀 𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀  C-class shares of funds – which institute an annual sales service fee – have become increasingly popular, especially through internet sales channels. Over 1,500 funds now have C-class shares that exceed their A-class counterparts, driven by both investor preference and sales channel strategies.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews

Asset Management сompany in Hong Kong for sale Main details: • Location: Hong Kong; • License under the Securities and Futures Ordinance: Type 1 (Dealing in Securities), Type 4 (Advising on Securities), Type 9 (Asset Management); • There are three directors and two of them are also appointed as Responsible Officers as required by Securities and Futures Commission (“SFC”); • Public Disciplinary Actions: None; • Share Capital: 9.000.000 HK$; • An active business generating revenue; • Can bring in funds and other securities products to be marketed; • Only provide services to Professional Investors; • No cash or capital will be withdrawn from the company. Activities: • Provision of consultancy services on securities investment, funds, and asset management; • It targets at clientele who are global family offices and more specific in Asia. Asking price: on request For details: office@ifbusiness.uk More companies: ifbusiness.uk #IFB #Fintech #CompanyForSale #ReadyMadeCompany #AssetManagement #HongKong

Hong Kong to enhance digital asset regulation in 18 months https://bit.ly/3WXDKup