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Chinese can now buy foreign gold ETFs!

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发表于 2010-12-2 12:13 AM | 显示全部楼层 |阅读模式


Gold prices jumped Tuesday, as interest in gold ETFs could be strong from China, where investors face negative real interest rates on bank deposits and want to hedge against inflation.

Lion Fund Management Co. received permission to invest in exchange-traded gold funds outside the country, making the fund the first of its kind for mainland China, according to a statement posted on the Shenzhen fund provider's website.
发表于 2010-12-2 12:22 AM | 显示全部楼层
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