The largest Nasdaq ETF in the United States, Invesco QQQ (QQQ.US), will be cross-listed on the Hong Kong main board. Invesco QQQ will be listed under the code 03455 and will be listed on the main board on February 26. According to the documents submitted by Invesco QQQ, it will have three counters: Renminbi, US dollars, and Hong Kong dollars. The trading unit will be 1 share per lot, with an annual expense ratio of 0.2%. QQQ aims to track the Nasdaq 100 index, with assets under management in the US totaling $341.6 billion (HK$2.655 trillion), making it the fourth largest ETF in the US. Louis Lo, Head of Securities Product Development at the Hong Kong Stock Exchange (00388), stated that the cross-listing of Invesco QQQ outside of North America is an important milestone for the Hong Kong market. It highlights the Hong Kong Stock Exchange's position as the preferred ETF market in Asia, and strengthens Hong Kong's position as a leading international financial center. They look forward to welcoming more international ETF products to be listed.