The "2026 Sina Global Capital Summit," organized by Sina Finance, was held in Hong Kong, China, on July 16. The event, themed "Rooted in Hong Kong, Vision for the World," brought together global leaders from politics, business, academia, and research for in-depth discussions on global capital market trends, cross-border capital allocation, and the international expansion of technology firms.
The summit featured a distinguished lineup of speakers, including senior government officials, representatives from international financial institutions, top investment banks, industry leaders, and leading academics. Participants engaged in high-level dialogue on new trends in global financial markets.
Southern Asset Management CEO Ding Chen attended and delivered a speech. Ding Chen introduced the world's first double-leveraged product on SK hynix (Product Code: 7709), launched by Southern Asset Management. Within just eight months of its listing, the fund's assets under management had reached HKD 130 billion as of June this year, making it the world's largest single-stock leveraged product. This marks the first time a Hong Kong-listed ETF has topped the global rankings, achieving this feat with a non-Hong Kong underlying asset.
Ding Chen pointed out that the success of product 7709 is not merely a victory for a single fund but also highlights the sophistication, inclusiveness, and proactiveness of Hong Kong's financial regulatory framework. "The regulator's continuous learning capability is the most crucial foundation that enabled a product like ours to reach the top globally," she emphasized. She noted that this success signifies that Hong Kong's ETF market is now at the global forefront, possessing competitive advantages that are difficult to replicate within the region. Amid the rising AI semiconductor and memory trend in Asia, Hong Kong, with its robust ecosystem, is increasingly becoming the preferred product hub and investment destination for investors worldwide.
Ding Chen stated that, looking ahead to the second half of the year, AI as a major secular trend will continue to be a key focus for global investors, with themes like semiconductors and advanced manufacturing remaining prominent. Structural opportunities in related fields within markets like South Korea, Japan, and China are poised to be captured, and Hong Kong serves as the optimal gateway to access these opportunities. Major global frontier themes, such as AI memory, AI applications, and robotics, can find the most diverse and liquid investment tools in Hong Kong.
Ding Chen revealed that it is within Hong Kong's fertile environment that Southern Asset Management has seen sustained growth and repeated breakthroughs, officially becoming Hong Kong's largest ETF issuer this year and, as of yesterday, its largest issuer of leveraged and inverse products. She indicated that this means Chinese asset managers have reached a new height in the Asian and global financial industry. "This is not only a milestone for our single institution but also a microcosm of the overall rise of the Chinese asset management industry on the global financial map."
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