CSOP Shanghai Gold ETF logo

CSOP Shanghai Gold ETF (159834)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
9. 40
-0
-0.0106%
¥
107.61M Market Cap
- Div Yield
37.04M Volume
¥ 9.4
Previous Close
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Day Range
9.4 9.59
Year Range
7.66 13.7
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Summary

159834 closed today lower at ¥9.4, a decrease of -0.0106% from yesterday's close, completing a monthly increase of 8.8814% or ¥0.77. Over the past 12 months, 159834 stock lost -4.1879%.
159834 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159834 Chart

CSOP Shanghai Gold ETF (159834) FAQ

What is the stock price today?

The current price is ¥9.40.

On which exchange is it traded?

CSOP Shanghai Gold ETF is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159834.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 107.61M.

Has CSOP Shanghai Gold ETF ever had a stock split?

No, there has never been a stock split.

CSOP Shanghai Gold ETF Profile

XSHE Exchange
China Country

Overview

The CSOP Shanghai Gold ETF is an innovative exchange-traded fund that aims to mirror the performance of gold prices as presented on the Shanghai Gold Exchange. This financial instrument offers investors an effective avenue to incorporate physical gold bullion into their investment portfolios. It capitalizes on the price movements of gold, providing a straightforward and cost-efficient investment option. By focusing on the gold market in China, one of the largest and most vital in the world, the CSOP Shanghai Gold ETF plays a pivotal role in the financial sector. It facilitates access to gold as an asset class, helping investors to diversify their portfolios and harness the economic potential of precious metals within Asian markets.

Products and Services

  • Gold Price Tracking:
  • The primary service offered by the CSOP Shanghai Gold ETF is the tracking of gold prices as quoted on the Shanghai Gold Exchange. This involves mirroring the daily movements of gold prices, providing investors with a transparent view of the value of their investment relative to the physical gold market.

  • Investment Portfolio Diversification:
  • By enabling investors to gain exposure to the gold market, the CSOP Shanghai Gold ETF serves as a tool for diversification. Given the historical reputation of gold as a safe-haven asset, incorporating this ETF into a portfolio can offer a hedge against inflation and market volatility, thereby stabilizing investment strategies in turbulent times.

  • Access to Chinese Gold Market:
  • For investors looking to tap into the Asian economic sphere, especially the vibrant gold market within China, this ETF provides a critical gateway. It allows international investors to participate in the dynamics of the Chinese gold market without the need for direct investment in physical gold or navigating the regulatory complexities of the Chinese financial framework.

  • Efficiency and Cost-Effectiveness:
  • Investing in the CSOP Shanghai Gold ETF offers an efficient and cost-effective method for investors to own gold. It eliminates the logistical challenges and costs associated with the physical storage of gold bullion and offers a more straightforward approach than investing in gold through the futures market.

Contact Information

Address: -
Phone: -