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<p>[QUOTE=&quot;desertgem, post: 1622095, member: 15199&quot;]Even though Honk Kong and Shanghai are &quot;part of China&quot;, they do function more as western equivalent in many ways than mainland. Even special papers are needed for a Chinese citizen to pass from mainland to Hong Kong or Shanghai. The Shanghai exchange existed when they were British colony and still continues. The Pan Asian Exchange was the new one that was to take over world wide. However, perhaps with the new party in power having different ideas, it seems doomed. And this is from a bullion site.</p><p><a href="http://www.bullionstreet.com/news/chinas-pan-asian-gold-exchange-in-trouble/683" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bullionstreet.com/news/chinas-pan-asian-gold-exchange-in-trouble/683" rel="nofollow">http://www.bullionstreet.com/news/chinas-pan-asian-gold-exchange-in-trouble/683</a></p><p><br /></p><p>Seriously, it doesn&#039;t matter to me about it, I don&#039;t have membership with any exchange, and yes you are correct in that the the Chine BOC scheme is a poorly explained ETF like GLD ( except no options).[/QUOTE]</p><p><br /></p>

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