What's New In Investments, Funds? - World Platinum Investment Council

Editorial Staff

12 July 2018

World Platinum Investment Council
The (WPIC) and Shenzhen Hengfu Yingjia (Hengfu), a provider of precious metals products, have launched the first platinum bar products in China.

The launch is part of a new strategic partnership between the WPIC and Hengfu to develop the physical platinum investment market in South China.

Under the agreement, the WPIC will work with Shenzhen Hengfu Yingjia to develop and launch a range of platinum investment products to suit a wide range of investor needs.

A number of new products will be launched throughout 2018, beginning with high purity 999.5 platinum bars.

The investment-grade platinum bars are minted by Swiss Metalor Group, a precious metal refiner. Available in sizes of 10g, 15g, and 100g, the bars are currently sold at a low premium through Shenzhen Hengfu Yingjia’s distribution network in Shenzhen and Guangzhou. This will initially be through Hengfu’s own outlets and some department stores, with online availability to follow shortly.