Precious metals are shaking out and moving higher！Premia CSI Caixin China Bedrock Economy ETF (02803.HK) surged nearly 1% in the afternoon, while BYN Co. hit daily-limit-up and Shandong Gold International jumped more than 8%.

NewTimeSpace — 20 January: With geopolitical conflicts lingering and a raft of macro events now digested, precious metals are shaking out and moving higher. Premia CSI Caixin China Bedrock Economy ETF (02803.HK) — which bundles “high-value, low-risk, quality” traits — climbed almost 1% in the afternoon as index constituents BYN Co. hit the daily limit-up and Shandong Gold International surged more than 8%.

Looking ahead, flare-ups such as Iran could lend further support, while the sector’s red-hot trading mood may also act as a tail-wind. By contrast, the latest U.S. initial-jobless-claims print came in below expectations and the Fed has sounded hawkish — factors that could delay rate cuts. Exchange-mandated margin hikes had earlier amplified short-term volatility, but these effects now appear priced in. Global gold-product holdings have swung back to net inflows, providing a potential back-stop for bullion.

Exchange filings show that PP China Bedrock (02803.HK) is managed by Premia Partners and was among the first physical ETFs to access A-shares directly via Stock Connect. It tracks the CSI Caixin Rayli Bedrock Economy Index, jointly compiled by CSI and Caixin Rayli and launched on 23 December 2016 (base date 30 June 2005, base value 1,000).

The index weights constituents by an “enterprise-scale score” rather than free-float market cap, with a 10% single-stock cap and quarterly rebalancing. This avoids the traditional market-cap approach of “buy more as prices rise” and delivers a structurally low-valuation, high-value exposure over the long run.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.