The inclusion of eligible exchange-traded funds (ETFs) under Stock Connect, which facilitates trading between mainland China and Hong Kong markets, commenced yesterday. The Hong Kong Investment Funds Association (HKIFA) has proposed several enhancements to expand the ETF market and trading infrastructure. These suggestions include allowing a broader range of ETFs that cover various markets and asset types, such as bonds, equities, and commodities, and eventually integrating specialised ETFs. This expansion aims to offer mainland investors better opportunities for global growth and diversification. The HKIFA also advocates for lowering or removing the assets under management threshold to increase the number of eligible ETFs and suggests including multiple currency options for ETF trading. These measures are intended to boost participation and competition, benefiting investors overall.