Chinese Fund House Halts GoldLinked ETF After Premium Surges Bloomberg

Image for article Chinese Fund House Halts GoldLinked ETF After Premium Surges  Bloomberg
News Source : Bloomberg

News Summary

  • Trading for the ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF was halted until 10:30 a
  • m Monday local time
  • China Asset Management Co
  • said in a statement Monday
  • It was the second trading suspension for the product since last Tuesday
An exchangetraded fund that owns gold companies has become the latest target of frenzied trading in China as investors pile into corners of the market seen as resilient to the countrys economic chal [+285 chars]

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