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Unleashing The Dragon: China Enters The Global Gold ETF Market (GLD, SLV)
Dec. 10, 2010 10:31AM PST
Precious MetalsEtfdailynews.com reports that Lion Fund Management Co becomes the first company in China to create a fund allowed to invest in foreign exchange- traded funds backed by gold.
Etfdailynews.com reports that Lion Fund Management Co becomes the first company in China to create a fund allowed to invest in foreign exchange- traded funds backed by gold.
The market news is quoted as saying:
Lion Fund Management Co was founded in 2003 and is based in Shenzhen, China. The firm manages mutual funds for its clients and also invests in public equity and fixed income markets.
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