Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
Hong Kong has made the gold market a key priority as it seeks to strengthen its role in global commodities. The special administrative region is accelerating efforts to become an international gold trading hub.
In an interview, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said the city plans to expand gold storage capacity to over 2,000 tonnes within three years, establish a government-backed gold clearing system, and deepen cooperation with Shenzhen and Shanghai.
A proposed "Hong Kong import – Shenzhen refining – overseas re-export" model aims to strengthen cross-border collaboration and enhance Hong Kong’s role in the global gold market, as demand for safe-haven assets grows amid global uncertainty.
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