HKEX(HK:00388) 智通财经网·2025-04-15 08:52Core Viewpoint - The London Metal Exchange (LME) has approved four LME-approved warehousing facilities in Hong Kong, marking a significant step in establishing Hong Kong as a major global metal market and a gateway to mainland China [1][2]. Group 1: Approval of Warehousing Facilities - Four warehousing facilities in Hong Kong have been approved by LME, operated by three logistics companies, including China Resources Logistics, China National Foreign Trade Transportation Group, and Fenghao Supply Chain [1]. - The approved facilities will store metals such as aluminum alloy, copper, zinc, and lead, and are expected to commence operations in three months [1]. Group 2: Strategic Importance of Hong Kong - LME's CEO emphasized that the rapid approval of these facilities is an exciting development for LME, highlighting Hong Kong's potential to become a key player in the global metal market [1]. - The Hong Kong Stock Exchange Group's CEO noted that these facilities will extend LME's global network into Hong Kong, fostering the development of a commodity trading ecosystem in the region [1][2]. Group 3: Connection to Chinese Market - The new warehouses will serve as a crucial link between China's spot metal market and LME's international pricing, creating new opportunities for market participants [2]. - The Hong Kong Exchange will continue to collaborate with LME and stakeholders to promote the development of the commodity market in Hong Kong [2].