Hong Kong Stock Exchange's Richard Yu: Welcomes more gold-related ETFs to be listed to support Hong Kong's development as a gold trading hub

AASTOCKS
2026.01.29 03:14

The Hang Seng Gold ETF (03170.HK) was listed today (29th), becoming the first ETF in Hong Kong that supports the redemption of physical gold. Yu Xueqin, the market supervisor of the Hong Kong Stock Exchange (00388.HK), stated that the exchange has been committed to enriching its product ecosystem in recent years, covering various asset classes including commodities, to meet the growing market demand for diversified investment and risk management tools. This ETF marks the return of gold-themed ETF products to Hong Kong in the past decade.

He believes that as more gold-themed ETFs are launched, there will be more precious metal-related products available for investors in the market. In the future, the exchange will continue to work closely with market stakeholders to promote product innovation and support Hong Kong's development as a gold trading hub, further consolidating Hong Kong's position as an international financial center