PANews
PANews|Feb 20, 2026 11:35
[Hong Kong Deputy Secretary for Financial Services and the Treasury Joseph Chan: Building Hong Kong into a Regional Gold Reserve Hub] According to Xinhua News Agency, Joseph Chan, Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, stated at the Hong Kong Gold Exchange's Lunar New Year Gold Market Opening Day and the 2026 Spring Festival Opening Ceremony that the SAR government is fully committed to promoting Hong Kong as an international gold trading center to further diversify its international financial services. Joseph Chan mentioned that the goal is to expand gold storage in Hong Kong to exceed 2,000 tons within three years, establishing Hong Kong as a regional gold reserve hub. In terms of promoting commodity trading, there are currently 15 London Metal Exchange-approved warehouses operating in Hong Kong. The Hong Kong Exchanges and Clearing Limited (HKEX) will also deepen its connectivity and development with the Guangzhou Futures Exchange and other mainland commodity markets.
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