Economic TimesLean R·
Global market: Hong Kong launches gold clearing system, revives futures trading to strengthen bullion hub ambitions
Hong Kong launched a central clearing system and revived gold futures trading. These initiatives aim to strengthen the city's gold trading infrastructure. Tax incentives will also support gold trading and settlement activities. A "Delivery Connect" scheme facilitates cross-border gold settlements with Shanghai. Hong Kong seeks to become Asia's leading gold trading center.
Read at Economic Times →
