BitStil (reviewed here) recently announced that they have entered the partnership agreement with ETF ABF Hong Kong Dollar Bond Index in the Chinese market. As evidence of such a move, BitStil program provided potential investors and current participants with a number of photoes. Of course we would like also to see some documents.. 🙂 maybe we can see them soon? who knows.. at least, it’s always nice to see the activity from the platforms.
So, make your own judgement, as you (i really hope so) usually do. Let’s read this update and watch some photoes below:
BitStil has entered into a partnership agreement with ETF ABF Hong Kong Dollar Bond Index.Since opening an office in Hong Kong, BitStil is penetrating deeper into the Chinese market.To increase the capitalization of the company and generate a constant inflow of profits, we try to use all available financial instruments. It is especially important to manage the risks of investment portfolios at times of market volatility.As a relatively low risk investment vehicle, Hong Kong dollar bonds are gaining popularity. They are not only relatively less volatile than the equity market by nature, they also provide a consistent stream of interest returns.We are pleased to announce that we have entered into an agreement on joint work on the Hong Kong Stock Exchange (HKEX) with ETF ABF Hong Kong Dollar Bond Index.ABF Hong Kong Dollar Bond Index Fund is a type of bond index ETF.This Fund seeks to provide total returns which correspond to the performance of the Markit iBoxx ABF Hong Kong Index. The index is an indicator of investment returns of Hong Kong dollar denominated bonds issued by government, quasi-government and supranational entities.By working with ABF Hong Kong Dollar Bond Index Fund, we can diversify risks by adjusting the proportion of bonds in our portfolios subject to investment objectives and time horizon.Our investors can be sure that they have entrusted their funds to a highly professional team that is able to provide stable profits in an unstable financial market.Join BitStil and bring your life quality to a whole new level!
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