ETF Securities on November 28 began offering three new precious metals exchange-traded funds (ETFs) on the Hong Kong stock exchange. The ETFs are: Physical Silver ETF, Physical Gold ETF, and Physical Platinum ETF. They track London benchmarks. According to Fred Jheon, Managing Director and Head of Asia Pacific at ETF Securities, the firm is the first ETF provider to offer a suite of precious metal products to the Hong Kong exchange that are backed by the physical metals.
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