香港拓展国际黄金交易中心，年内公布方案

Group 1 - The Hong Kong government has established a dedicated task force to examine various aspects of gold financial transactions, aiming to develop Hong Kong into an international gold trading center, including support for physical gold delivery [2][7] - The plan traces back to the 2024 Policy Address, which proposed the construction of a "bulk commodity trading ecosystem," and progress is being made steadily [2] - Hong Kong successfully joined the London Metal Exchange (LME) global warehouse and delivery network in early 2025, enhancing connections between China's and the world's most active metal trading markets [2][3] Group 2 - Since becoming an LME-approved delivery location, Hong Kong has seen eight approved warehouses operational within seven months, with over 8,000 tons of LME-registered warrants supporting LME contract delivery as of early August [3] - The establishment of LME-approved warehouses in Hong Kong is expected to improve the efficiency of non-ferrous metal allocation and reduce logistics time and costs [3] - The Hong Kong Airport Authority is planning to expand precious metal storage facilities at Hong Kong International Airport to support the construction of international-grade gold storage facilities [3] Group 3 - The Hong Kong government aims to build international-grade gold storage facilities, expand related financial services such as insurance, testing, certification, and logistics, and develop a comprehensive ecosystem for gold trading [4] - This initiative is significant as it leverages Hong Kong's advantages as an international free port and zero-tariff zone, enhancing demand for shipping services and promoting the development of trade financing, insurance, and risk management services [4] - The long-term vision includes promoting more bulk commodity trading denominated and settled in Renminbi, contributing positively to the development of offshore Renminbi business [4] Group 4 - Future cooperation between mainland China and Hong Kong in the gold market requires addressing two key issues: expanding gold warehouse space in Hong Kong and collaborating with mainland exchanges to create an international gold market [5] - The Shanghai Gold Exchange has already established its first overseas delivery warehouse in Hong Kong, with transactions denominated in Renminbi, which will promote the use of Renminbi in broader international trade [5] - The number of international members of the Shanghai Gold Exchange has increased from 40 in 2014 to 106, with participants from 16 countries and regions, although gold pricing power remains dominated by the US COMEX and the London Bullion Market Association [5]