Core Insights - The growth potential of the gold market is increasingly evident, with global gold demand expected to rise by 45% year-on-year by Q2 2025, reaching $132 billion [1] - Central banks continue to view gold as a cornerstone of stable assets, increasing their official gold reserves by 166 tons [1] - Hong Kong is positioning itself as an international gold trading center, aligning with its status as a global financial hub [1] Group 1: Government Initiatives - The Hong Kong government has established a "Task Force on Promoting the Development of the Gold Market" to explore feasible development strategies in collaboration with regulatory bodies, exchanges, and industry representatives [1] - The Hong Kong International Airport Authority has increased its precious metal storage capacity by one-third to 200 tons, with plans to expand to 1,000 tons to support the growing demand for gold trading and logistics [1] Group 2: Collaboration with Mainland China - The Shanghai Gold Exchange has launched its international board designated warehouse in Hong Kong, providing international investors with RMB-denominated trading options and reinforcing Hong Kong's position in the offshore RMB market [2] - The 2025 Policy Address outlines plans to accelerate the development of the gold trading market, aiming to establish Hong Kong as a regional gold reserve hub with a storage capacity exceeding 2,000 tons within three years [2] - Initiatives include encouraging gold suppliers to establish or expand refineries in Hong Kong and collaborating with mainland China for processing and refining gold for trading and delivery [2] Group 3: Infrastructure and Services Development - Plans to establish a central clearing system for gold in Hong Kong to provide efficient and reliable clearing services for international standard gold transactions, with participation from the Shanghai Gold Exchange [2] - The government aims to diversify gold investment tools, support the issuance of gold funds, and encourage the development of new products such as tokenized gold investment products [2] - Support for the establishment of a gold industry association to enhance communication with the government and regulatory bodies, promote the industry, and attract clients from the "Belt and Road" initiative [2]
香港投资推广署:香港推动黄金市场发展正当其时 把握建设国际黄金交易中心机遇
Zhi Tong Cai Jing·2025-10-21 11:42