Huaxia Digital Gold ETF to be listed on the Hong Kong Stock Exchange tomorrow

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China Asset Management (Hong Kong) announces the launch of the China Asset Gold Digital ETF (03418)(09418)(83418), which will be listed on the Hong Kong Stock Exchange tomorrow (29th). As Hong Kong's first fully tokenized gold fund, this innovative product combines one of the world's oldest stores of value with transformative blockchain technology, leading the Asian real-world asset (RWA) tokenization revolution.

The fund adopts a full physical replication principle, aiming to closely track the London Gold Morning Benchmark Price (LBMA Gold Price AM). All relevant holdings are LBMA Good Delivery gold bars and do not involve futures or other derivative investments. The physical gold is stored in an institutional-grade vault in Hong Kong, with 100% insurance coverage throughout. Through a strategic partnership with Standard Chartered Bank, the bank will serve as custodian for both the physical gold and the digital tokens, providing security, compliance, and operational assurance that meet international standards for both physical assets and on-chain assets. Built on a native blockchain architecture, the asset ownership features programmability, transparency, and divisibility, enabling near-instant settlement and 24/7 trading in the future.

China Asset Management (Hong Kong) CEO Gan Tian stated that they are actively supporting the Hong Kong government’s vision to establish Hong Kong as a world-class gold trading hub and a leading global digital asset center. This product not only allows a broader range of investors to access gold investment channels but also demonstrates the transformative potential of real-world asset (RWA) tokenization to global investors.

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