Deputy Commissioner of the Financial Services and the Treasury Bureau of the Government of the Hong Kong Special Administrative Region: Creating Hong Kong as a regional gold reserve hub.
David Chen, Deputy Secretary for Financial Services and the Treasury Bureau of the Hong Kong Special Administrative Region Government, stated at the Lunar New Year Gold Market Opening Ceremony and 2026 Chinese New Year Market Opening Ceremony at the Hong Kong Gold Exchange that in order to further diversify and develop Hong Kong's international financial business, the SAR government is fully committed to promoting Hong Kong as an international gold trading center. Chen mentioned that their goal is to exceed 2,000 tons in three years to expand Hong Kong's gold storage capacity and to establish Hong Kong as a regional gold reserve hub. In terms of promoting commodity trading, there are currently 15 warehouses in Hong Kong that are recognized by the London Metal Exchange. The Hong Kong Stock Exchange will also deepen its cooperation with the Guangzhou Futures Exchange and other mainland commodity markets.
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