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HONG KONG, April 21, 2026 /PRNewswire/ -- CSOP Gold ETF (3030.HK) has listed on HKEX today (21 April 2026) with an initial AUM size of about US$720 million (about HK$5.6 billion), making it Hong Kong's largest local physical gold ETF to date[1]. 3030.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the LBMA Gold Price AM. It has a listing price of about HK$7.2 per unit, trading unit of 100, and management fee of 0.4%.
3030.HK directly holds physical gold stored in Hong Kong and offers flexible cash or in‑kind (physical gold) creation and redemption, providing efficient Hong Kong–based bullion access that may help hedge geopolitical risk. It opens up a new option for Hong Kong investors to allocate to gold.
Mr. Paul Chan Mo-po, Financial Secretary of Hong Kong, said, "Developing an international gold trading market is an important step in consolidating and enhancing Hong Kong's position as an international financial, trading and shipping centre. The National 15th Five-Year Plan also expressly supports Hong Kong in building an ecosystem for commodities trading. The key to this end lies not only in establishing a vibrant market with depth and breadth, but also in building a full industrial and value chain encompassing a range of activities, including clearing, physical delivery, logistics, warehousing and derivatives products. By doing so, we will contribute to more stable and efficient gold and commodity trading in the region, and support the country's development as a financial powerhouse. The ETF listed today by CSOP supports subscriptions and redemptions in physical gold, allowing both trading and storage activities to take place in Hong Kong. This is highly aligned with Hong Kong's development strategy."
Mr. Patrick George, Global Head of Markets and Securities Services, HSBC, said: "We're proud to support this gold ETF as trustee, custodian, gold dealer and participating dealer, helping investors access physical gold in a simple, secure and efficient way. With more than 150 years of experience in the gold industry, HSBC remains committed to the continued development of Hong Kong's gold market, building on gold's enduring role as a store of value through innovative product structures that meet the needs of today's investors."
Mr. Zhou Yi, CEO of Huatai Securities and Chairman of China Southern Asset Management Co., Ltd. (CSAM) and CSOP Asset Management Limited (CSOP), stated, "As a home‑grown asset manager and the largest ETF/ETP issuer in Hong Kong[2], CSOP has always been committed to supporting Hong Kong in fulfilling its role as a 'Super Connector' and 'Super Value‑Adder'. Today, we are stepping up our efforts to help build Hong Kong into a regional hub for gold reserves, and we are proud to introduce CSOP Gold ETF (3030.HK), which offers Hong Kong investors a new way to allocate to gold."
"We are highly confident in the long‑term prospects of Hong Kong's gold market, underpinned by the city's world‑class market infrastructure, transparent and robust regulatory framework, and its unique connectivity with Mainland China and global investors. As demand grows for diversified, compelling defensive assets amid heightened volatility, Hong Kong is uniquely positioned to attract and intermediate global gold flows."
Over the past decade, CSOP has established itself as Hong Kong's largest ETF/ETP issuer and has demonstrated innovative product development[2]. As of 31 March 2026, the total AUM of CSOP was US$32.3 billion (about HK$252.9 billion)[3].
Hong Kong's 2025 Policy Address sets a three‑year goal to surpass 2,000 tonnes as the city builds a regional gold reserve hub and a central gold clearing system[4]. Against the backdrop of widening fiscal deficits and concerns over U.S. sovereign credit, gold is increasingly viewed as a structural alternative to the U.S. dollar in official FX reserves. Global central banks are accelerating gold purchases, underscoring strong reserve demand. As of the end of February 2026, the People's Bank of China remained a net buyer of gold for the 16th consecutive month, with reserves rising to 2,308 tonnes, approximately 10% of total reserves[5].
Amid rising trade frictions and geopolitical risks, investors are increasing gold allocations. World Gold Council YTD data show global gold ETF assets at US$591 billion, with total holdings of 4,083 tonnes, second only to the record set in February this year, US$701 billion and holdings of 4,172 tonnes[6].
About CSOP
CSOP Asset Management is the largest ETF issuer in Hong Kong*. As of 31 March 2026, CSOP's total AUM stood at US$32.3 billion (about HK$252.9 billion), supported by a robust ETF ecosystem and a lineup of 68 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In 2025, 6 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.
*Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
** Source: HKEX, Bloomberg, CSOP, as of 31 March 2026.
***Source: Bloomberg, from 1 January 2025 to 31 December 2025.
Disclaimer and Important Notices
Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong. Please read the detailed disclosure and disclaimer carefully by accessing website (https://www.csopasset.com/en/products/hk-cgdf).
Issuer: CSOP Asset Management Limited
| [1] Source: HKEX, Bloomberg, CSOP, data as of 20 April 2026. |
| [2] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings. |
| [3] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. |
| [4] Source: The Government of the Hong Kong Special Administrative Region. |
| [5] Source: World Gold Council, State Administration of Foreign Exchange |
| [6] Source: Gold ETFs, holdings and flows, YTD as of 27th March 2026, World Gold Council |
HONG KONG, April 21, 2026 /PRNewswire/ -- CSOP Gold ETF (3030.HK) has listed on HKEX today (21 April 2026) with an initial AUM size of about US$720 million (about HK$5.6 billion), making it Hong Kong's largest local physical gold ETF to date[1]. 3030.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the LBMA Gold Price AM. It has a listing price of about HK$7.2 per unit, trading unit of 100, and management fee of 0.4%.
3030.HK directly holds physical gold stored in Hong Kong and offers flexible cash or in‑kind (physical gold) creation and redemption, providing efficient Hong Kong–based bullion access that may help hedge geopolitical risk. It opens up a new option for Hong Kong investors to allocate to gold.
Mr. Paul Chan Mo-po, Financial Secretary of Hong Kong, said, "Developing an international gold trading market is an important step in consolidating and enhancing Hong Kong's position as an international financial, trading and shipping centre. The National 15th Five-Year Plan also expressly supports Hong Kong in building an ecosystem for commodities trading. The key to this end lies not only in establishing a vibrant market with depth and breadth, but also in building a full industrial and value chain encompassing a range of activities, including clearing, physical delivery, logistics, warehousing and derivatives products. By doing so, we will contribute to more stable and efficient gold and commodity trading in the region, and support the country's development as a financial powerhouse. The ETF listed today by CSOP supports subscriptions and redemptions in physical gold, allowing both trading and storage activities to take place in Hong Kong. This is highly aligned with Hong Kong's development strategy."
Mr. Patrick George, Global Head of Markets and Securities Services, HSBC, said: "We're proud to support this gold ETF as trustee, custodian, gold dealer and participating dealer, helping investors access physical gold in a simple, secure and efficient way. With more than 150 years of experience in the gold industry, HSBC remains committed to the continued development of Hong Kong's gold market, building on gold's enduring role as a store of value through innovative product structures that meet the needs of today's investors."
Mr. Zhou Yi, CEO of Huatai Securities and Chairman of China Southern Asset Management Co., Ltd. (CSAM) and CSOP Asset Management Limited (CSOP), stated, "As a home‑grown asset manager and the largest ETF/ETP issuer in Hong Kong[2], CSOP has always been committed to supporting Hong Kong in fulfilling its role as a 'Super Connector' and 'Super Value‑Adder'. Today, we are stepping up our efforts to help build Hong Kong into a regional hub for gold reserves, and we are proud to introduce CSOP Gold ETF (3030.HK), which offers Hong Kong investors a new way to allocate to gold."
"We are highly confident in the long‑term prospects of Hong Kong's gold market, underpinned by the city's world‑class market infrastructure, transparent and robust regulatory framework, and its unique connectivity with Mainland China and global investors. As demand grows for diversified, compelling defensive assets amid heightened volatility, Hong Kong is uniquely positioned to attract and intermediate global gold flows."
Over the past decade, CSOP has established itself as Hong Kong's largest ETF/ETP issuer and has demonstrated innovative product development[2]. As of 31 March 2026, the total AUM of CSOP was US$32.3 billion (about HK$252.9 billion)[3].
Hong Kong's 2025 Policy Address sets a three‑year goal to surpass 2,000 tonnes as the city builds a regional gold reserve hub and a central gold clearing system[4]. Against the backdrop of widening fiscal deficits and concerns over U.S. sovereign credit, gold is increasingly viewed as a structural alternative to the U.S. dollar in official FX reserves. Global central banks are accelerating gold purchases, underscoring strong reserve demand. As of the end of February 2026, the People's Bank of China remained a net buyer of gold for the 16th consecutive month, with reserves rising to 2,308 tonnes, approximately 10% of total reserves[5].
Amid rising trade frictions and geopolitical risks, investors are increasing gold allocations. World Gold Council YTD data show global gold ETF assets at US$591 billion, with total holdings of 4,083 tonnes, second only to the record set in February this year, US$701 billion and holdings of 4,172 tonnes[6].
About CSOP
CSOP Asset Management is the largest ETF issuer in Hong Kong*. As of 31 March 2026, CSOP's total AUM stood at US$32.3 billion (about HK$252.9 billion), supported by a robust ETF ecosystem and a lineup of 68 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In 2025, 6 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.
*Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
** Source: HKEX, Bloomberg, CSOP, as of 31 March 2026.
***Source: Bloomberg, from 1 January 2025 to 31 December 2025.
Disclaimer and Important Notices
Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong. Please read the detailed disclosure and disclaimer carefully by accessing website (https://www.csopasset.com/en/products/hk-cgdf).
Issuer: CSOP Asset Management Limited
[1] Source: HKEX, Bloomberg, CSOP, data as of 20 April 2026.
[2] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.
[3] Source: HKEX, Bloomberg, CSOP, as of 31 March 2026.
[4] Source: The Government of the Hong Kong Special Administrative Region.
[5] Source: World Gold Council, State Administration of Foreign Exchange
[6] Source: Gold ETFs, holdings and flows, YTD as of 27th March 2026, World Gold Council
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Time to Shine: CSOP Gold ETF (3030.HK) Lists on HKEX Today
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MILAN, April 21, 2026 /PRNewswire/ -- Kohler, in partnership with Richard Christiansen, founder of Flamingo Estate, unveils The Flamingo Estate Bathhouse by Kohler at Milan Design Week 2026. The immersive, multi-sensory installation invites visitors into an elemental world where architecture, landscape, and serenity are conceived as a single, interdependent experience, creating a space for contemplation and renewal.
Set within the courtyard of the Padiglione d'Arte Contemporanea (Via Palestro, 14), the installation is anchored by the Bathhouse, a bold brutalist structure that appears to emerge organically from a meadow of seven species of untamed wildflowers, dissolving the boundary between built form and living ecosystem. Drawing inspiration from the bathhouse at Flamingo Estate in California, the 247-square-foot monolithic structure draws on a palette of weathered metals and elemental surfaces. Clad in intonachino plaster that evokes the mineral texture and weight of concrete, the Bathhouse features monumental stained-glass windows by Milan-based artisan Samuele Dossena, filtering light across terracotta-toned surfaces, while Flamingo Estate candles line the walls, enhancing a quiet, calming atmosphere.
"The Bathhouse is a meditation on ritual, nature, and the quiet power of materials," said Richard Christiansen, Founder of Flamingo Estate. "We imagined a place where wildflowers, water, and light come together to create a sensory experience that reconnects us to the rhythms of the earth. Partnering with Kohler allowed us to bring this vision to life with an extraordinary level of craft, creating a space that invites people to slow down, reflect, and re-engage with the natural world."
Entering the Bathhouse, visitors encounter Reverie, a new expression of Kohler's iconic freestanding enameled cast iron bath, reimagined with a copper shroud that serves as the focal point of the space. The shroud wraps the cast iron bath, which is made with at least 80% recycled materials, underscoring a legacy of sustainable craftsmanship designed to endure. This marks the first time Kohler has used copper as a defining material in bath design, introducing a new dimension to the category.
"Design and the creative process are always central to Kohler, shaping our tradition and propelling our progress," said David Kohler, Chair and CEO of Kohler Co. "We see design as a bridge between heritage and innovation, continually evolving through material exploration and craft. We are delighted to partner with Richard Christiansen and Flamingo Estate during Milan Design Week to continue to inspire through art and design."
Nestled throughout the garden are four one-of-a-kind pollinator baths, conceived by Christiansen designed by Kohler and cast in its historic Wisconsin foundry. These sculptural vessels serve as sanctuaries for birds, bees, and other pollinating species, extending the installation narrative of reciprocity between human craft and the natural world.
"For the Flamingo Estate Bathhouse, we wanted to explore the relationship between architecture and ecology, how design can create moments of care not just for people, but for the natural world around us," said Michael Seum, VP of Global Design at Kohler Co. "The pollinator baths translate this idea into sculptural form, drawing from Brutalist principles on the exterior while softening into organic, nature-informed surfaces within. It's a reflection of our belief that design should hold space for both human ritual and environmental stewardship."
The Flamingo Estate Bathhouse by Kohler elevates bathing into a restorative experience and a place of ritual and retreat, one that slows the body, quiets the mind, and heightens awareness of light, water, and material. Through its integration of architecture, craft, and ecology, the installation reflects a shared vision between Kohler and Flamingo Estate: that enduring wellness emerges through a deeper connection to nature.
The candles in the Bathhouse were created by Flamingo Estate specifically for the installation. The Flamingo Estate Pollinator Candle is complemented by the Pollinator Bath Soap Brick. The scent was inspired by a walk through Milan city streets. Wild Linden Blossom is an olfactory invitation to walk through Milan in bloom. At the threshold of Summer, the iconic Tiglio Tree blossoms at once — perfuming entire boulevards with a sublime, honeyed warmth authentic to Milan. From sunlit markets, Bergamot pulses with the green, sparkling brightness of its rind, as sweet pollen dusts the air. Both the candle and soap brick are available for purchase on FlamingoEstate.com.
Unveiled during FuoriSalone at the Padiglione d'Arte Contemporanea, Via Palestro 14, 20121 Milan, Italy, the installation is open to the public from Tuesday, April 21 through Sunday, April 26. Hours are as follows: Tuesday, 12:00–7:00 PM; Wednesday, 12:00–4:00 PM and 7:00–10:00 PM; Thursday through Saturday, 12:00–10:00 PM; and Sunday, 12:00–6:00 PM.
For installation images and more information, access the press kit here.
About Kohler Co.
For more than 150 years, Kohler Co. has been a global leader in bold design and innovation, dedicated to helping people live gracious, healthy, and sustainable lives through its kitchen and bath products; luxury cabinetry, tile, and lighting; wellness products and services; and luxury hospitality experiences and major championship golf. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops sustainable living solutions to enhance the quality of life for current and future generations. Its Innovation for Good platform addresses pressing issues, such as clean water and safe sanitation, with breakthrough products and services for underserved communities. David Kohler serves as Chair and CEO and represents the fourth generation of Kohler family leadership.
About Flamingo Estate
Settled in the 1940s high atop the hills of Los Angeles, Flamingo Estate throughout its history has been a hedonistic enclave of sun-worship, folk mythologies, and psychedelic remedies — a secret haven for wild alchemy in the City of Angels. Now, Flamingo Estate is the home of Richard Christiansen, and, in the spirit of its origins, a radical celebration of pleasure from the garden. We carefully cultivate Mother Nature's wildest, most precious gifts, at a time when we need them most. Championing the idea that Mother Nature is the last great luxury house, and sourcing rare ingredients from over 125 farms and collaborators. Instead of commodity ingredients, our goal is to get as close to the raw, natural material as possible, and to be able to trace each ingredient back to the farmer who planted it. Creating nutrient-dense rituals for daily pleasure, with Mother Nature as the guide.
Media Contacts:
Kohler PR | Jillian.rosone@kohler.com
Sutton Communications | Kohler@suttoncomms.com
MILAN, April 21, 2026 /PRNewswire/ -- Kohler, in partnership with Richard Christiansen, founder of Flamingo Estate, unveils The Flamingo Estate Bathhouse by Kohler at Milan Design Week 2026. The immersive, multi-sensory installation invites visitors into an elemental world where architecture, landscape, and serenity are conceived as a single, interdependent experience, creating a space for contemplation and renewal.
Set within the courtyard of the Padiglione d'Arte Contemporanea (Via Palestro, 14), the installation is anchored by the Bathhouse, a bold brutalist structure that appears to emerge organically from a meadow of seven species of untamed wildflowers, dissolving the boundary between built form and living ecosystem. Drawing inspiration from the bathhouse at Flamingo Estate in California, the 247-square-foot monolithic structure draws on a palette of weathered metals and elemental surfaces. Clad in intonachino plaster that evokes the mineral texture and weight of concrete, the Bathhouse features monumental stained-glass windows by Milan-based artisan Samuele Dossena, filtering light across terracotta-toned surfaces, while Flamingo Estate candles line the walls, enhancing a quiet, calming atmosphere.
"The Bathhouse is a meditation on ritual, nature, and the quiet power of materials," said Richard Christiansen, Founder of Flamingo Estate. "We imagined a place where wildflowers, water, and light come together to create a sensory experience that reconnects us to the rhythms of the earth. Partnering with Kohler allowed us to bring this vision to life with an extraordinary level of craft, creating a space that invites people to slow down, reflect, and re-engage with the natural world."
Entering the Bathhouse, visitors encounter Reverie, a new expression of Kohler's iconic freestanding enameled cast iron bath, reimagined with a copper shroud that serves as the focal point of the space. The shroud wraps the cast iron bath, which is made with at least 80% recycled materials, underscoring a legacy of sustainable craftsmanship designed to endure. This marks the first time Kohler has used copper as a defining material in bath design, introducing a new dimension to the category.
"Design and the creative process are always central to Kohler, shaping our tradition and propelling our progress," said David Kohler, Chair and CEO of Kohler Co. "We see design as a bridge between heritage and innovation, continually evolving through material exploration and craft. We are delighted to partner with Richard Christiansen and Flamingo Estate during Milan Design Week to continue to inspire through art and design."
Nestled throughout the garden are four one-of-a-kind pollinator baths, conceived by Christiansen designed by Kohler and cast in its historic Wisconsin foundry. These sculptural vessels serve as sanctuaries for birds, bees, and other pollinating species, extending the installation narrative of reciprocity between human craft and the natural world.
"For the Flamingo Estate Bathhouse, we wanted to explore the relationship between architecture and ecology, how design can create moments of care not just for people, but for the natural world around us," said Michael Seum, VP of Global Design at Kohler Co. "The pollinator baths translate this idea into sculptural form, drawing from Brutalist principles on the exterior while softening into organic, nature-informed surfaces within. It's a reflection of our belief that design should hold space for both human ritual and environmental stewardship."
The Flamingo Estate Bathhouse by Kohler elevates bathing into a restorative experience and a place of ritual and retreat, one that slows the body, quiets the mind, and heightens awareness of light, water, and material. Through its integration of architecture, craft, and ecology, the installation reflects a shared vision between Kohler and Flamingo Estate: that enduring wellness emerges through a deeper connection to nature.
The candles in the Bathhouse were created by Flamingo Estate specifically for the installation. The Flamingo Estate Pollinator Candle is complemented by the Pollinator Bath Soap Brick. The scent was inspired by a walk through Milan city streets. Wild Linden Blossom is an olfactory invitation to walk through Milan in bloom. At the threshold of Summer, the iconic Tiglio Tree blossoms at once — perfuming entire boulevards with a sublime, honeyed warmth authentic to Milan. From sunlit markets, Bergamot pulses with the green, sparkling brightness of its rind, as sweet pollen dusts the air. Both the candle and soap brick are available for purchase on FlamingoEstate.com.
Unveiled during FuoriSalone at the Padiglione d'Arte Contemporanea, Via Palestro 14, 20121 Milan, Italy, the installation is open to the public from Tuesday, April 21 through Sunday, April 26. Hours are as follows: Tuesday, 12:00–7:00 PM; Wednesday, 12:00–4:00 PM and 7:00–10:00 PM; Thursday through Saturday, 12:00–10:00 PM; and Sunday, 12:00–6:00 PM.
For installation images and more information, access the press kit here.
About Kohler Co.
For more than 150 years, Kohler Co. has been a global leader in bold design and innovation, dedicated to helping people live gracious, healthy, and sustainable lives through its kitchen and bath products; luxury cabinetry, tile, and lighting; wellness products and services; and luxury hospitality experiences and major championship golf. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops sustainable living solutions to enhance the quality of life for current and future generations. Its Innovation for Good platform addresses pressing issues, such as clean water and safe sanitation, with breakthrough products and services for underserved communities. David Kohler serves as Chair and CEO and represents the fourth generation of Kohler family leadership.
About Flamingo Estate
Settled in the 1940s high atop the hills of Los Angeles, Flamingo Estate throughout its history has been a hedonistic enclave of sun-worship, folk mythologies, and psychedelic remedies — a secret haven for wild alchemy in the City of Angels. Now, Flamingo Estate is the home of Richard Christiansen, and, in the spirit of its origins, a radical celebration of pleasure from the garden. We carefully cultivate Mother Nature's wildest, most precious gifts, at a time when we need them most. Championing the idea that Mother Nature is the last great luxury house, and sourcing rare ingredients from over 125 farms and collaborators. Instead of commodity ingredients, our goal is to get as close to the raw, natural material as possible, and to be able to trace each ingredient back to the farmer who planted it. Creating nutrient-dense rituals for daily pleasure, with Mother Nature as the guide.
Media Contacts:
Kohler PR | Jillian.rosone@kohler.com
Sutton Communications | Kohler@suttoncomms.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Kohler and Flamingo Estate Create a Sculptural Bathhouse Rooted in Ritual, Nature, and Craft at Milan Design Week
Kohler and Flamingo Estate Create a Sculptural Bathhouse Rooted in Ritual, Nature, and Craft at Milan Design Week
Kohler and Flamingo Estate Create a Sculptural Bathhouse Rooted in Ritual, Nature, and Craft at Milan Design Week
Kohler and Flamingo Estate Create a Sculptural Bathhouse Rooted in Ritual, Nature, and Craft at Milan Design Week
