| From quamnet.com: HKEx announced today the listing of its first gold Exchange Traded Fund (ETF), SPDR Gold Trust (02840) on the Main Board tomorrow.
The gold ETF is one of the largest and most liquid commodity ETFs globally with total net assets of approximately $148 billion.
The listing of the gold ETF on the Stock Exchange will give investors an additional channel to access the international gold market.
Eric Yip, HKEx's Head of Cash Market, said: "The introduction of the gold ETF complements the already wide range of commodity ETFs and structured products listed on HKEx securities market, covering commodity indices and single asset classes such as gold, silver, platinum, oil and wheat. We will continue to work closely with the Securities and Futures Commission and market participants to promote a more diverse product platform for the Hong Kong securities market.".....Full ArticleSource |