PANews reported on January 31 that, 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 directly from banks. Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, revealed at the 19th Asian Financial Forum (AFF) in Hong Kong that in addition to offering the option to redeem physical gold at banks, the Hang Seng Gold ETF also plans to be distributed through licensed digital asset trading platforms. Li Peishan, Director and CEO of Hang Seng Investment Management, pointed out that the tokenized unlisted class of the Hang Seng Gold ETF is currently in the final testing phase and is expected to launch in the first quarter of 2026. The tokenized class will also be open to retail investors, with a lower entry fee expected. Currently, only US dollar-denominated shares are available, but this class will not offer a physical gold redemption option.