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Hong Kong Chief Executive John Lee announced the trial run of the city’s central gold clearing system began on July 7. Photo: Wang Xiaoqing/Caixin
The initiative features a cross-border delivery link with Shanghai to elevate Hong Kong’s status as a global bullion hub
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Hong Kong Chief Executive John Lee announced the trial run of the city’s central gold clearing system began on July 7. Photo: Wang Xiaoqing/Caixin

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Hong Kong plans to launch a government-owned gold-clearing system by July 2026, expanding storage tenfold and partnering with…

Announcement made by Chief Executive John Lee at Hong Kong FIC & Bond Connect Summit.

Hong Kong will launch a government-owned gold-clearing system in July 2026, targeting central banks and institutional investors…

The clearing mechanism is expected to debut by July, taking Hong Kong further down the road than Singapore. Read more at…

Hong Kong trials a new gold clearing system backed by JPMorgan, HSBC, UBS, and Chinese banks, with tokenized gold products…

The city plans to process its first gold settlement on Tuesday, according to those familiar with the matter.