香港发出明确信号，中国掐住美元“命根子”，一套新金融体系要来了

Group 1 - The core point of the article highlights a financial revolution centered around gold, with Hong Kong's Financial Secretary signaling the strategic value of Hong Kong and Shanghai in the global financial landscape [1] - Hong Kong is accelerating the establishment of a gold central settlement system, aiming for trial operation by 2026, which will significantly enhance trading efficiency and reduce costs and risks associated with gold transactions [1] - A memorandum of cooperation will be signed between Hong Kong and the Shanghai Gold Exchange to facilitate interconnectivity between the two gold markets [1] Group 2 - The collaboration between Hong Kong and Shanghai is characterized by precise division of labor and complementary advantages, with Hong Kong focusing on global gold storage and trading, while Shanghai provides national-level gold custody and clearing [4] - Hong Kong plans to build a gold reserve center with a capacity of 2,000 tons by September 2025, while the Shanghai Gold Exchange has established its first offshore delivery warehouse in Hong Kong [4] - The People's Bank of China is collaborating with 12 friendly countries to manage gold reserves through the Shanghai Gold Exchange, indicating the operational capability of the RMB gold settlement system [4] Group 3 - The value of gold is increasingly recognized in a turbulent global landscape, serving as a stabilizer in peaceful times and a strategic resource during turmoil [8] - The decline of dollar hegemony presents a historical opportunity for gold, with central banks globally increasing their gold holdings, reaching 1,300 tons in 2025, the highest in five years [8] - The demand for gold surged by 44% year-on-year to $146 billion, while silver prices increased by nearly 190%, driven by industrial demand and its correlation with gold [8] Group 4 - Wall Street financial institutions facing losses from rising precious metal prices are attempting to maintain the dominance of dollar assets through negative narratives, but this is unlikely to reverse the flow of funds [9] - For Hong Kong, the gold strategy aims to enhance its status as an international financial center and stabilize the value of the Hong Kong dollar [11] - The gold financial system being developed has unique advantages in terms of anti-sanctions and decentralization, allowing countries to avoid the restrictions of the dollar settlement system [11]