BlockBeats News: On January 31, according to Caixin, the Hang Seng Gold ETF has been listed on the Hong Kong Stock Exchange, becoming the first physical gold ETF in Hong Kong that allows individual investors to redeem physical gold directly through banks. Michael Hsu Cheng-yu, the Secretary for Financial Services and the Treasury of Hong Kong, revealed at the 19th Asia Financial Forum (AFF) held in Hong Kong that, in addition to offering the option to exchange for physical gold through banks, the Hang Seng Gold ETF also plans to be distributed through licensed digital asset trading platforms.
Lisa Lee, Director and CEO of Hang Seng Investment Management, stated that the tokenized non-listed shares of the Hang Seng Gold ETF are currently in the final testing phase and are expected to be launched in the first quarter of 2026. The tokenized category will also be open to retail investors, with anticipated lower entry fees. Currently, only U.S. dollar-denominated shares are available, and this category will not offer the option for physical gold redemption.