Industrial and Commercial Bank of China (01398.HK) plans to open a gold warehouse at the Hong Kong airport and expects to complete the relevant preparations in the coming months.

According to the Wise Finance and Economics app, media reports quoted informed sources as saying that Industrial and Commercial Bank of China (01398.HK) plans to open a gold warehouse at Hong Kong International Airport and has already rented some space at the airport warehouse. The bank plans to complete the relevant preparations for the warehouse in the coming months. It is expected that this move will boost Industrial and Commercial Bank of China's precious metal trading business and help Hong Kong achieve its goal of becoming a global gold center.