Nanfang Dongying: Investors Want Short-Term Hedging Tools in the Market to Flexibly Face Bitcoin Market Uncertainty
According to Ta Kung Pao, Mr. Wang Zhuofeng, Managing Director and Head of Asia-Pacific Sales of Southern East Anglo Asset Management, said that Bitcoin has a certain degree of volatility, coupled with the instability of the US presidential election and the Federal Reserve's policy moves, investors naturally hope that there are products available in the market that can be deployed in a simple and straightforward manner for bearishness as well as as being used as a short-term hedging tool to flexibly face market uncertainty. To facilitate the development of Hong Kong's digital asset ecosystem, it is desirable to have locally regulated digital asset derivatives, which will not only enhance market liquidity and transparency, but also provide investors with more investment choices and opportunities, and help to attract more professional investors and large-scale institutions to participate in Hong Kong's digital asset market. Locally regulated derivatives will enable investors to conduct risk management and asset allocation in a more flexible and convenient manner, further promoting Hong Kong as a global center for digital asset trading and investment.
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