Part of Hong Kong's first five year plan to 2030: Why I am now a part owner of physical gold and silver business in Hong Kong. We have vaulting facilities there also. We have just been granted out licence to operate there. More details to follow shortly.
Develop a Commodity Trading Ecosystem. Expedite the Development of an International Gold Trading Market
45. The Government will seize the gold trading market’s momentum and strengthen
its development:
(i) Officially launch Hong Kong’s central clearing and settlement system for gold in the first quarter of 2027.
(ii) The HKEX will announce details of the new RMB‑denominated and physically settled gold futures contracts this year to boost the global influence of the RMB in the pricing of
precious metals.
(iii) The Mandatory Provident Fund Schemes Authority optimised its approval mechanism for gold ETFs in July this year, increasing the flexibility of MPF funds investing in gold ETFs.
(iv) The SFC will enhance the regulatory regime for over‑the‑c
