The Hong Kong Exchanges and Clearing Ltd. will soon launch a "wide" range of exchange-traded funds, according to Scott Sapp, a spokesperson for the exchanges. Hong Kong Exchanges and Clearing Ltd. runs Hong Kong's stock and futures market.

The success of Hang Seng Index Tracker Fund, an exchange-traded fund which was launched last year by the Hong Kong government, prompted the exchanges to consider offering a wider range of exchange-traded funds, said Sapp.

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