Hong Kong’s exchange-traded fund ( ETF ) market, one of Asia’s most vibrant asset management hubs, hit a snag in the third quarter of 2026. After attracting HK$26.3 billion ( US$3.35 billion ) in net inflows in the second quarter of this year, investors pulled HK$8.3 billion out of Hong Kong-listed ETFs in the third quarter  – a reversal that was driven mostly by equities, according to a recent report.