Deputy Secretary for Financial Services and the Treasury of Hong Kong: Building Hong Kong into a Regional Gold Reserve Hub

GateUser-6433627c · 2026-02-20T10:47:18+00:00

The Hong Kong SAR government is actively promoting Hong Kong as an international gold trading center, aiming to achieve 2,000 tons of gold storage within three years. Hong Kong already has 15 warehouses recognized by the London Metal Exchange and will deepen connectivity with the mainland's bulk commodity markets.

GateUser-6433627c

2026-02-20 10:47:18

Abstract generation in progress

On February 20, Deputy Secretary for Financial Services and the Treasury of the Hong Kong SAR Government, Chen Haolian, stated at the Hong Kong Gold Exchange Lunar New Year Gold Opening Day and the 2026 Spring Festival Opening Ceremony that in order to further diversify Hong Kong’s international financial services, the SAR government is actively promoting Hong Kong as an international gold trading center. Chen Haolian said that the goal is to expand in-hong Kong gold storage to over 2,000 tons within three years, establishing Hong Kong as a regional gold reserve hub. Regarding the promotion of bulk commodity trading, there are currently 15 warehouses recognized by the London Metal Exchange operating in Hong Kong. The Hong Kong Stock Exchange will also deepen its connectivity with the Guangzhou Futures Exchange and other mainland bulk commodity markets. (Xinhua)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.