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
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
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Belt and Road Initiative
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