Hang Seng Investment Management has rolled out a new physically backed gold exchange-traded fund (ETF) in Hong Kong, with an option for future tokenized access to the asset.
The Hang Seng Gold ETF, which began trading on the Hong Kong Stock Exchange on Thursday under stock code 3170, is designed to track the LBMA Gold Price AM, the widely used morning benchmark set in London. The fund is structured as a passive ETF and holds physical gold bars that meet London Bullion Market Association good delivery standards, according to product details.
Gold held…

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