Hong Kong Treasury Secretary: Hang Seng Gold ETF to Explore Distribution Through Licensed Digital Asset Trading Platforms
Odaily News The Hang Seng Gold ETF has been listed on the Hong Kong Stock Exchange, becoming Hong Kong's first physical gold ETF that allows individual investors to redeem directly from banks. Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated at the 19th Asian Financial Forum (AFF) held in Hong Kong that besides offering the option to exchange for physical gold at banks, the Hang Seng Gold ETF also plans to be distributed through licensed digital asset trading platforms. Additionally, according to Lee Pui-shan, Managing Director and CEO of Hang Seng Investment Management, the tokenized non-listed category of the Hang Seng Gold ETF is currently in the final testing phase and is expected to 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 planned for this category, but it will not offer the option for physical gold redemption. (Caixin)
