Henry Law: Hang Seng Gold ETF will explore distribution through a licensed digital asset trading platform
BlockBeats News, January 31st, according to Caixin report, the Hang Seng Gold ETF has been listed on the Hong Kong Stock Exchange, becoming Hong Kong's first physically backed gold ETF that individual investors can redeem directly from a bank. Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, revealed at the 19th Asian Financial Forum (AFF) held in Hong Kong that the Hang Seng Gold ETF not only offers the option to redeem physical gold at a bank but also plans to distribute through a licensed digital asset trading platform.
Gloria Li, Managing Director and CEO of Hang Seng Investment Management, pointed out that the tokenized non-listed category of the Hang Seng Gold ETF is currently in the final testing stage, with an expected launch in the first quarter of 2026. The tokenized category will also be open to retail investors with expected lower entry fees. Currently, only USD-denominated shares are available, but this category will not offer the option of redeeming physical gold.
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