From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam
From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam
Business /  Banking & Finance

Hong Kong gold exchange seeks to create gold trading corridor along Belt and Road

Creation of such a gold trading corridor could boost demand for 1kg gold bars while also increasing turnover for yuan-denominated products, says exchange president

Topic |   Belt and Road Initiative
Karen Yeung
Karen Yeung

Updated: 11:22pm, 20 Feb, 2018

Why you can trust SCMP
From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam
From left, Joseph Chan Ho-lim, Undersecretary for Financial Services and the Treasury and Haywood Cheung Tak-hay, president of the Chinese Gold & Silver Exchange Society, attend the exchange’s trading ceremony in Sheung Wan, on Tuesday. Photo: Nora Tam
READ FULL ARTICLE