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Nicolas Aguzin, chief executive officer of Hong Kong Exchanges and Clearing, said the inclusion of ETFs is a landmark upgrade for the Connect Scheme.

Trading of exchange-traded funds (ETFs) under the mainland-Hong Kong stock connect programs began on Monday, marking a significant step to deepening the cooperation of capital markets in both the Chinese mainland and Hong Kong.

Economic Watch: ETF trading under mainland-Hong Kong stock connect kicks off-

<p class="spanHeading"><span>Hong Kong Exchanges and Clearing Limited (HKEX) is today (Wednesday) pleased to announce it has signed a new strategic cooperation agreement with Shenzhen Stock Exchange (SZSE) to further enhance market connectivity and facilitate the development of the Guangdong-Hong Kong-Macao Greater Bay Area.</span></p> <div><span><br /></span></div>

SHANGHAI (Dec 29): China's Shenzhen Stock Exchange and the Singapore Exchange (SGX) have committed to setting up a cross-border link for exchange-traded funds (ETFs), the bourses said, a move designed to open up a wider range of investment options on both sides. Under a Memorandum of Understanding (MoU) for the link, the two exchanges will jointly develop and promote ETF markets in Singapore and China through cross-border investments, the bourses said in separate statements late on Tuesday.