Hong Kong Seeks to Become Gold Trading Hub
Hong Kong is placing increased strategic emphasis on the gold market as part of its broader ambition to enhance its position in the global commodities landscape. The Special Administrative Region is fast-tracking initiatives to establish itself as a leading international center for gold trading. By capitalizing on its strong cross-border connectivity, advanced infrastructure, and sophisticated financial services sector, the city aims to offer investors a wider range of opportunities while strengthening its competitive advantage. Christopher Hui Ching-yu, the Secretary for Financial Services and the Treasury, outlines why these initiatives are being rolled out at this moment and how the city plans to convert its advantages into a comprehensive gold market. In a statement, Ching-yu states that they’ve established 14 warehouses…