Short-term announcement of new gold futures mechanism, Hong Kong Stock Exchange: studying optimization of gold futures products, details will be announced in due course.

There are reports indicating that the Hong Kong Stock Exchange (00388) will announce a new mechanism for gold futures in the short term. In response to these reports, a spokesperson for HKEX said that HKEX is studying ways to optimize its existing gold futures products, and details will be announced in due course. According to reports, HKEX has been working tirelessly to prepare for the re-launch of gold futures, and will soon announce the new contract design and enhanced mechanisms for gold futures, which will include physical delivery. The original futures exchange first introduced gold futures trading in 1980, but as the Hang Seng Index futures emerged in 1986 and became the market mainstream, trading in gold futures gradually declined, ultimately ceasing in 1998. Since then, the Hong Kong Stock Exchange has attempted to restart this business twice, but has faced significant challenges in the process.