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2024-10-17 HKT 14:42
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The policy address proposes the establishment of an international gold trading market and world-class gold storage facilities.
Financial Services and Treasury Secretary Hui Ching-yu said Hong Kong‘s gold storage is close to saturation. from the current local level to the international level.
He pointed out that the Finance Bureau will strive to establish a working group before the end of the year to prepare for the guidelines and special measures to establish a gold trading market of the entire gold industry value chain to obtain comprehensive market information and opinions .
Xu Zhengyu said that the level of international gold trading in the world is currently divided into three parts, namely the United Kingdom, New York and Shanghai He has noticed that various institutions are interested in it to establish warehouse facilities in Hong Kong, which indicates that what is there are policies and conditions rather attractive The next step is to bring demand and supply together.
Regarding the inclusion of gold products in the Stock Connect, Hui Ching-yu said that Stock Connect and other stock exchanges have reached a stage, and gold will enter the Stock Connect later to consider has developed along with other places.
2024-10-17 06:42:00
#policy #address #Hui #Chingyu #Hong #Kongs #gold #storage #capacity #close #saturation #RTHK
