BUSINESS● LOWJul 7 · Jul 7, 2026, 12:30 AM
Hong Kong’s gold clearing and settlement firm joins Shanghai exchange
South China Morning Post
Hong Kong inaugurated the trial operation of a gold clearing and settlement system on Tuesday, a step towards building the city into a trading hub and price-setter for the precious metal. The decision was announced by Chief Executive John Lee Ka-chiu at the Hong Kong FIC & Bond Connect Summit. “The government-owned Hong Kong Precious Metals Central Clearing [Company] will offer a comprehensive suite of services ranging from gold deposits and withdrawals to transaction settlements in the...
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