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Hong Kong Launches Gold Clearing System to Meet Demand

1/27/2026

Summary

Story summary

Hong Kong will launch a central clearing system for gold transactions, with trial operations starting this year, announced by Chief Executive John Lee at Asian Financial Forum to meet global standards.
The government aims to raise gold storage capacity to 2,000 tons within three years.
Financial Secretary Paul Chan said daily gold turnover doubled year-on-year.
The move responds to growing demand for diversified gold investment and storage solutions in Asia.

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Story summary

Hong Kong will launch a central clearing system for gold transactions, with trial operations starting this year, announced by Chief Executive John Lee at Asian Financial Forum to meet global standards.
The government aims to raise gold storage capacity to 2,000 tons within three years.
Financial Secretary Paul Chan said daily gold turnover doubled year-on-year.
The move responds to growing demand for diversified gold investment and storage solutions in Asia.