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

Odaily News According to reports, Chan Ho-lim, Deputy Secretary for Financial Services and the Treasury of the Hong Kong SAR Government, stated at the Hong Kong Gold Exchange Lunar New Year Gold Market Opening Day and 2026 Spring Market Opening Ceremony that to further diversify Hong Kong's international financial business, the SAR Government is making every effort to promote Hong Kong as an international gold trading center. Chan Ho-lim said the goal is to expand gold storage in Hong Kong to exceed 2,000 tonnes within three years, building Hong Kong into a regional gold reserve hub. Regarding promoting commodity trading, there are currently 15 London Metal Exchange-approved warehouses operating in Hong Kong. The Hong Kong Exchanges and Clearing Limited will also deepen connectivity and development with the Guangzhou Futures Exchange and other mainland commodity markets. (Xinhua News Agency)