Core Viewpoint - The chairman of the Hong Kong Gold Exchange, Zhang Dexi, stated that "the golden era has arrived," emphasizing Hong Kong's historical background, institutional advantages, and innovative capabilities in accelerating the establishment of an international gold trading center [1] Group 1: Development of Hong Kong Gold Market - Hong Kong is advancing the construction of an international gold trading center to enhance its role in global gold pricing and as a hub [1] - A cooperation agreement was signed between the Financial Services and the Treasury Bureau and the Shanghai Gold Exchange on January 26, aiming to establish a central settlement system for gold in Hong Kong [1] - The agreement outlines the establishment of the "Hong Kong Precious Metals Central Settlement System Limited," fully owned by the Hong Kong government, with participation from Shanghai in governance and risk management [1] Group 2: Operational Aspects - The Hong Kong Central Settlement System is expected to enter trial operation within this year, which is seen as a crucial infrastructure to improve clearing efficiency, reduce counterparty risk, and facilitate cross-border flows [1] - The Hong Kong Gold Exchange emphasizes strict management and service capability requirements for qualified members, with some institutions already disclosing their qualifications and numbers [1] Group 3: Market Implications - The implementation and trial operation of the central settlement system are anticipated to enhance the transparency and efficiency of the Hong Kong gold market, attracting both domestic and international institutions [2] - This development is expected to support the internationalization of the Renminbi and enhance China's influence in international gold pricing [2] - Future growth will depend on institutional details, infrastructure integration, and the cooperation of market participants [2]
香港加速建设国际黄金交易中心:张德熙称“黄金大时代已经到来”
Sou Hu Cai Jing·2026-02-11 08:23