Hong Kong Investment Funds Association injects US$50 million

According to official news, the Hong Kong Investment Funds Association will complete the first round of capital injection of US$50 million into Cathay Gold on May 23 . This major investment decision not only demonstrates confidence in the gold market, but also brings new opportunities to the Hong Kong financial market. The subsequent Cathay Gold ETF will be officially launched in June and will be open to all customers and members for subscription, indicating that a new era of gold trading is coming.

The Hong Kong Investment Funds Association was established in 1986 and has been committed to promoting the development of the Hong Kong fund industry. The investment of US$50 million into Cathay Gold is the association's high recognition of the prospects of the gold market. As a well-known gold trading platform in the Hong Kong market, Cathay Gold will further enhance its competitiveness in the gold trading field through this capital injection.

Gold has always been a safe-haven asset favored by global investors. Especially in the current context of increasing global economic uncertainty, the investment value of gold has become increasingly prominent. Through this capital injection, the Hong Kong Investment Funds Association not only enhanced Cathay Gold ’s financial strength, but also laid a solid foundation for the Cathay Gold ETF to be issued in June . By then, this new exchange-traded open-end securities investment fund will be open to subscription for all customers and members. The launch of Cathay Gold ETF provides investors with a convenient and efficient way to invest in gold, allowing them to participate in gold market transactions more flexibly.

The capital injection from the Hong Kong Investment Funds Association and the issuance of Cathay Gold ETF will have a profound impact on Hong Kong's financial market. First of all, this move will greatly increase the activity and liquidity of the gold market and attract more investors to participate in gold transactions. High liquidity will not only help improve the trading efficiency of the market, but will also increase the depth and breadth of the market.

Secondly, as an international financial center, Hong Kong’s market trends have important reference value for global investors. The launch of Cathay Gold ETF will further consolidate Hong Kong's position in the global financial market and attract more international capital to flow into the Hong Kong market.

In addition, the issuance of Cathay Gold ETF will provide investors with more diversified investment options to meet the needs of different risk preferences and investment objectives. This will not only help enhance investors’ portfolio diversity, but will also promote the overall development and maturity of Hong Kong’s fund market.

In today's complex and volatile global economic environment, gold's role as a safe-haven asset has become increasingly important. Through Cathay Gold ETF, investors can participate in the gold market more conveniently and enjoy the stable returns brought by gold investment. The successful issuance of Cathay Gold ETF will also bring more development opportunities to the Hong Kong Investment Funds Association and Cathay Gold , thereby further enhancing Hong Kong's status as a global financial center.

This time, the Hong Kong Investment Fund Association injected US$50 million into Cathay Gold to promote the issuance of Cathay Gold ETF, which is a high degree of recognition and support for the prospects of the gold market. With the launch of Cathay Gold ETF, Hong Kong's financial market will usher in new development opportunities. For investors, this new investment tool not only provides a convenient and efficient way to invest in gold, but also brings more diversified choices to their investment portfolios. With the joint efforts of the Hong Kong Investment Funds Association and Cathay Gold, the future of the gold market will be even more brilliant.