anyone buy Gold ETF on HKse?

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  1. #1

    Join Date
    Apr 2009
    Location
    Lake Silver
    Posts
    228

    Question anyone buy Gold ETF on HKse?

    that seems much easier than buy actual gold. the one i am looking at is 2840.hk

    is there any other type of gold etf on hkse that give you leverage like 2x gold or 4x gold?

    is there short gold etf on hkse? (just in case you want to make some short term bubble play)


  2. #2

    I bought 246 and 1818 when gold was 980.But these stock prices didnt really follow......dont know why....
    u can trade London gold which has high leverage.


  3. #3

    Join Date
    Apr 2009
    Location
    Lake Silver
    Posts
    228

    i just checked. 246.hk is real gold mining. mining stocks is a bit different than buying actual gold cuz you're still invest in the company.

    980.hk is lianhua, i am assuming it is refinery or mining company by looking at its name.

    i remember in the states there is a double gold etf, where if gold goes up or down 1%, this etf will move 2%.


  4. #4

    SG just came out with these warrants.10906 call and 10911 put.I am looking into shifting my funds over.