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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| THC Farmaceuticals Inc (PK) | USOTC:CBDG | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.043 | 0.01 | 0.0493 | 20 | 21:00:00 |
From May 2019 to May 2024
By Chuin-Wei Yap
BEIJING--The Shanghai Gold Exchange will launch its international board on Sept. 29 in the financial hub's new free-trade zone, a widely anticipated move to open China's tightly controlled gold market to foreign capital.
"This is our window to the world," Shen Gang, the bourse's deputy chief executive, said at an industry conference on Thursday.
The yuan-denominated board will initially offer 11 contracts including physical gold contracts of 100 grams and one kilogram.
It also plans to diversify into contracts for other precious metals such as silver and palladium in the future, Ms. Shen said.
The board's first batch of 40 members include Goldman Sachs, HSBC, Standard Chartered PLC and UBS AG, she said.
The free-trade zone is an 11-square-mile area touted as a test bed for the remaking of the country's financial sector.
Traders expect the board will broaden the global use of the yuan and help to simplify how gold is brought into the country.
Write to Chuin-Wei Yap at chuin-wei.yap@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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