CSOP Gold 2x (07299.HK) -1.92%; US Sept PCE up to 3.6%

NewTimeSpace News: As of 14:34 HKT on October 30, 2026, the ETF was down 1.92% intraday at a latest price of HK$19.450, with turnover of HK$27.5748 million on 1.4102 million shares and a turnover rate of 2.00%.

The ETF is managed by CSOP Asset Management Limited and tracks the Solactive Gold 1-Day Rolling Futures Index with two times daily leverage, making it a leveraged commodity futures product. As of the same time, it had assets of HK$1.396 billion, a net asset value per unit of HK$19.781 and a board lot of 100 shares; its 52-week price range was HK$19.420 to HK$43.400.

US personal consumption expenditure prices rose 0.5% month on month in September against 0.3% previously, the annual rate picked up to 3.6% from 3.4%, and the core index rose 3.1% year on year. US gross domestic product grew at a 3.4% annualised pace in the third quarter.

Founder Securities said in a research note that precious metals fell sharply in the short term on a liquidity squeeze, which tends to be a temporary phase.