The Securities and Futures Commission of Hong Kong (SFC) released its third quarter report on the 12th, showing that since the beginning of the year, the Hong Kong Stock Connect has recorded a net inflow of RMB 664.3 billion. The report shows that as of the end of November, the cumulative net inflow of funds through the Hong Kong Stock Connect reached RMB 3200 billion. The number of eligible Hong Kong Stock Exchange Traded Funds (ETFs) has increased to 16, with a total market value exceeding HKD 300 billion. The Chief Executive of the Hong Kong Securities and Futures Commission, Leung Fung yee, stated that the Hong Kong ETF market has achieved multiple new milestones this year due to the sustained and steady growth of eligible ETFs under the market interconnectivity mechanism, as well as the establishment of new connections between Hong Kong and the Middle East. She said that as the mechanism for interconnection with the mainland market continues to expand, the China Securities Regulatory Commission will continue to build Hong Kong into a global hub for diversified asset investment and offshore RMB fixed income business. (New Society)