The Zhitong Finance App learned that Hong Kong's Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, responded in writing to lawmakers' questions that the government is actively building a commodity trading ecosystem by developing the international gold trading market as an entry point. In July of this year, the central gold clearing and settlement system began trial operation. Meanwhile, the Hong Kong Airport Authority has also launched a kiloton-level storage facility project. At the same time, a number of private institutions (including banks) are also actively expanding their storage capacity.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that Hong Kong's Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, responded in writing to lawmakers' questions that the government is actively building a commodity trading ecosystem by developing the international gold trading market as an entry point. In July of this year, the central gold clearing and settlement system began trial operation. Meanwhile, the Hong Kong Airport Authority has also launched a kiloton-level storage facility project. At the same time, a number of private institutions (including banks) are also actively expanding their storage capacity.