HONG KONG, April 21, 2026 /PRNewswire/ — CSOP Gold ETF (3030.HK) has listed on HKEX today (21 April 2026) with an initial AUM size of about US$720 million (about HK$5.6 billion), making itHong Kong’s largest local physical gold ETF to date[1]. 3030.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the LBMA Gold Price AM. It has a listing price of about HK$7.2 per unit, trading unit of 100, and management fee of 0.4%.
(From left to right) Ted Cheung, Senior Director for the Exchange Fund Investment Office of HKMA; Albert Goh, Deputy CEO for the Exchange Fund Investment Office of HKMA; Maggie Ng, CEO of HSBC Hong Kong; Dr. Kelvin Wong, Chairman of SFC; Paul Chan, Financial Secretary of HKSAR; Zhou Yi, CEO of Huatai Securities and Chairman of CSAM and CSOP; Carlson Tong, Chairman of HKEX; Bonnie Chan, CEO of HKEX; Patrick George, Global Head of Markets and Securities Services of HSBC; Alexandra Yeong, Senior Director & Interim Head of Investment Products of SFC; Robert Lee, Member of the Legislative Council of the HKSAR
3030.HK directly holds physical gold stored in Hong Kong and offers flexible cash or in‑kind (physical gold) creation and redemption, providing efficient Hong Kong–based bullion access that may help hedge geopolitical risk. It opens up a new option for Hong Kong investors to allocate to gold.
Mr. Paul Chan Mo-po, Financial Secretary of Hong Kong, said, “Developing an international gold trading market is an important step in consolidating and enhancing Hong Kong’s position as an international financial, trading and shipping centre. The National 15th Five-Year Plan also expressly supports Hong Kong in building an ecosystem for commodities trading. The key to this end lies not only in establishing a vibrant market with depth and breadth, but also in building a full industrial and value chain encompassing a range of activities, including clearing, physical delivery, logistics, warehousing and derivatives products. By doing so, we will contribute to more stable and efficient gold and commodity trading in the region, and support the country’s development as a financial powerhouse. The ETF listed today by CSOP supports subscriptions and redemptions in physical gold, allowing both trading and storage activities to take place in Hong Kong. This is highly aligned with Hong Kong’s development strategy.”
Mr. Patrick George, Global Head of Markets and Securities Services, HSBC, said: “We’re proud to support this gold ETF as trustee, custodian, gold dealer and participating dealer, helping investors access physical gold in a simple, secure and efficient way. With more than 150 years of experience in the gold industry, HSBC remains committed to the continued development of Hong Kong’s gold market, building on gold’s enduring role as a store of value through innovative product structures that meet the needs of today’s investors.”
Mr. Zhou Yi, CEO of Huatai Securities and Chairman of China Southern Asset Management Co., Ltd. (CSAM) and CSOP Asset Management Limited (CSOP), stated, “As a home‑grown asset manager and the largest ETF/ETP issuer in Hong Kong[2], CSOP has always been committed to supporting Hong Kong in fulfilling its role as a ‘Super Connector’ and ‘Super Value‑Adder’. Today, we are stepping up our efforts to help build Hong Kong into a regional hub for gold reserves, and we are proud to introduce CSOP Gold ETF (3030.HK), which offers Hong Kong investors a new way to allocate to gold.”
“We are highly confident in the long‑term prospects of Hong Kong’s gold market, underpinned by the city’s world‑class market infrastructure, transparent and robust regulatory framework, and its unique connectivity with Mainland China and global investors. As demand grows for diversified, compelling defensive assets amid heightened volatility, Hong Kong is uniquely positioned to attract and intermediate global gold flows.”
Over the past decade, CSOP has established itself as Hong Kong’s largest ETF/ETP issuer and has demonstrated innovative product development[2]. As of 31 March 2026, the total AUM of CSOP was US$32.3 billion (about HK$252.9 billion)[3].
Hong Kong’s 2025 Policy Address sets a three‑year goal to surpass 2,000 tonnes as the city builds a regional gold reserve hub and a central gold clearing system[4]. Against the backdrop of widening fiscal deficits and concerns over U.S. sovereign credit, gold is increasingly viewed as a structural alternative to the U.S. dollar in official FX reserves. Global central banks are accelerating gold purchases, underscoring strong reserve demand. As of the end of February 2026, the People’s Bank of China remained a net buyer of gold for the 16th consecutive month, with reserves rising to 2,308 tonnes, approximately 10% of total reserves[5].
Amid rising trade frictions and geopolitical risks, investors are increasing gold allocations. World Gold Council YTD data show global gold ETF assets at US$591 billion, with total holdings of 4,083 tonnes, second only to the record set in February this year, US$701 billion and holdings of 4,172 tonnes[6].
About CSOP
CSOP Asset Management is the largest ETF issuer in Hong Kong*. As of 31 March 2026, CSOP’s total AUM stood at US$32.3 billion (about HK$252.9 billion), supported by a robust ETF ecosystem and a lineup of 68 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In 2025, 6 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.
*Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
** Source: HKEX, Bloomberg, CSOP, as of 31 March 2026.
***Source: Bloomberg, from 1 January 2025 to 31 December 2025.
Disclaimer and Important Notices
Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong. Please read the detailed disclosure and disclaimer carefully by accessing website (https://www.csopasset.com/en/products/hk-cgdf). Issuer: CSOP Asset Management Limited
[1] Source: HKEX, Bloomberg, CSOP, data as of 20 April 2026.
[2] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
[3] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026.
[4] Source: The Government of the Hong Kong Special Administrative Region.
[5] Source: World Gold Council, State Administration of Foreign Exchange
[6] Source: Gold ETFs, holdings and flows, YTD as of 27th March 2026, World Gold Council
BEIJING, CHINA – MAY 14: Nvidia CEO Jensen Huang (C) gestures as he prepares to depart following a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. President Trump is meeting with President Xi Jinping in Beijing to address the Iran conflict, trade imbalances, and the Taiwan situation
There’s still plenty to play for across Europe as we head into the final matches of the club season. Here are all the title races, Champions League fights, and relegation battles left to be decided in the top leagues this month. This story will be updated until the end of the campaign. 👉 Jump to:EPL
Manchester United have opened talks with Michael Carrick over continuing as head coach beyond the end of the season. It is understood that, even though there is still much to complete in legal and contractual issues, an agreement could be reached before United’s game against Nottingham Forest on Sunday. The club’s hierarchy, director of football
Today I finally ran an experiment I’ve wanted to try for a long time. If you’re a professional barista—or you run a busy café—this may save you some time. Most coffee shops use 1–1.5 gallon batch brewers (Bunn, Curtis, Fetco, etc.). When I opened Short Sleeves Coffee, I intentionally avoided brewing full 1-gallon batches. I
Key Points The broader stock market is heavily dependent on a handful of stocks. Today’s leading companies have faster growth rates and higher margins than former market leaders. S&P 500 index funds don’t offer as much diversification as they used to. 10 stocks we like better than Nvidia › Will AI create the world’s first
Chef-approved frozen breakfasts with more protein and better ingredients. Eating a healthy breakfast every morning is a great way to start the day, but most people don’t have time to cook. Whether you’re rushing out the door in the morning for work, taking the kids to school or both, there’s usually not much time in
By Carolyn Jones, CalMatters This story was originally published by CalMatters. Sign up for their newsletters. Until last month, California was poised to join nearly a dozen other states that ban cell phones in K-12 schools. But under pressure from school boards and administrators, lawmakers scaled back a bill that would have required such a
London, United Kingdom, May 15, 2026 (GLOBE NEWSWIRE) — BulkQuant has officially launched its AI trading bot platform designed for crypto, forex, and stock market traders seeking a simpler way to automate trading strategies across multiple financial markets. The platform combines AI-powered quantitative analysis, automated trade execution, portfolio monitoring, and adaptive risk management into a
The International Monetary Fund (IMF) has lauded the resilience of Hong Kong’s economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating geopolitical tensions. It also urged Hong Kong to pursue medium-term financial reforms, including the introduction of a goods and services
For the past year, the Smithsonian Institution has found itself in the awkward position of telling the nation’s story while being supported in part by a government that wants to narrow how that story is told. In December, the White House threatened to revoke funding to the institution if it did not hand over a
A follow-up to Daredevil: Born Again Season 2 on Disney+ has become a massive streaming success within days of its launch. The Punisher: One Last Kill has quickly climbed to the top of multiple charts, beating out other titles on the platform. The MCU television special follows the gun-toting vigilante, who finds himself targeted by
The market has been on a roll lately, with the S&P 500 (SNPINDEX: ^GSPC) setting new highs throughout May. If you think you missed your opportunity when the market bottomed in late March, don’t fret. The market hitting new all-time highs is not particularly rare and should not change your investment strategy. And if you
The Hong Kong government’s first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city’s largest developers, suggesting a more confident outlook for the residential property market. At the close of tender for Tung Chung Town Lot No 54 at Area 106A on Friday
Ryan O’Hanlon Close Ryan O’Hanlon ESPN.com writer Ryan O’Hanlon is a staff writer for ESPN.com. He’s also the author of “Net Gains: Inside the Beautiful Game’s Analytics Revolution.” and Bill Connelly Close Bill Connelly ESPN Staff Writer Bill Connelly is a writer for ESPN. He covers college football, soccer and tennis. He has been at
Gabriel Gudmundsson could return for Leeds after a two-match absence with a thigh injury. Pascal Struijk is a doubt after hobbling off during Monday’s 1‑1 draw at Spurs. Full Leeds’ team news will be provided by the manager, Daniel Farke, in his press conference later on Friday. Kaoru Mitoma is set to miss the final
IE 11 is not supported. For an optimal experience visit our site on another browser. Trump Wraps China Summit With Xi Jinping: What Are the Results? 05:41 Xi gives Trump rare tour of secret garden at heart of Chinese government 01:04 Now Playing Trump departs China after two-day summit 01:01 UP NEXT Special Report: Trump
A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. One look at the roster of U.S. execs that cozied up to U.S. President Donald Trump on the 20+ hours flight from Alaska to China on Wednesday and you get a sense of the American delegation’s key focus
Cerebras, an AI chipmaker, saw its shares nearly double on Nasdaq, closing up 70% with a $95B market cap. Cerebras’s powerful chips are key in the US-China AI tech race. Chris Buskirk, co-founder and chief investment officer of 1789 Capital, a key Cerebras investor, says the company’s IPO is geopolitically significant. On Thursday, shares of
The Google Fitbit Air is very much the talk of the fitness tracking town right now, not only because it’s the first new Fitbit device that we’ve had in years, but it’s also one of the first big brands to go head-to-head with the established Whoop Strap (if you don’t count the Polar Loop and
