Nine hundred kilos of gold, worth US$36.88 million swapped hands on Friday evening, in the first cross-border trading under the newly launched “Gold Connect”, that links the gold markets of Hong Kong and Shenzhen. Photo: AP

Hong Kong expands cross-border gold market with China, with 900 kilos of gold traded in Shenzhen

The second cross-border gold market between Hong Kong and China kicked off with US$36.88 million worth of the precious metal traded in Shenzhen.

Topic |   Commodities

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Nine hundred kilos of gold, worth US$36.88 million swapped hands on Friday evening, in the first cross-border trading under the newly launched “Gold Connect”, that links the gold markets of Hong Kong and Shenzhen. Photo: AP
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.