Gold stock ETF Huaxia closes up 3.72%. Institutions: The long-term allocation logic for gold is strengthened, and a rebound is expected.

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As of the close on March 30, 2026, the CSI Hu-Shen-HK Gold Industry Stock Index (931238) surged strongly by 3.52%. Among its constituent stocks, Chifeng Gold rose 10.30%, WanGuo Gold Group rose 9.67%, Chifeng Gold rose 7.89%, and individual stocks such as Shanjin International and Shandong Gold followed higher in sympathy.

In terms of gold-stock ETFs, the Huaxia Gold ETF (159562) rose 3.72%, with the latest price at 2.46 yuan; the Huaxia Gold ETF (518850) rose 1.67%, with the latest price at 9.74 yuan.

On the news front, supported by a modest pullback in the U.S. dollar and safe-haven demand, COMEX gold rebounded from its low and moved back above $4,550.

China Post Securities said that the long-term allocation logic for gold is strengthening. On the one hand, conflicts in the Middle East are pushing up inflation expectations and the risk of stagflation, together with potential rate cuts beyond expectations under the combined impact of the Fed’s balance-sheet reduction and political pressure, which would deal an irreversible blow to the credibility of the petrodollar. On the other hand, the People’s Bank of China continued to increase its holdings of gold in February, further boosting market confidence in gold as the ultimate safe-haven asset. With no sign of easing in the conflict, gold may regain upward momentum after a bout of liquidity-driven selloffs comes to an end.

The Huaxia Gold Stock ETF (159562) closely tracks the CSI Hu-Shen-HK Gold Industry Stock Index. The index covers leading companies across gold mining, refining, and sales in the three markets of the mainland, Hong Kong, and Shenzhen. As of February 27, 2026, the top ten weighted stocks in the index are Zijin Mining, Zijin Gold, Shandong Gold, Chifeng Gold, Zhaojin Mining, Shanjin International, Hunan Gold, Zijin Gold International, Zijin Mining, and Shandong Gold. The combined weight of the top ten stocks is 61.77%.

Huaxia Gold Stock ETF (159562), Over-the-counter connection A: 021074, connection C: 021075

Huaxia Gold ETF (518850), Over-the-counter connection A: 008701, connection C: 008702

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