香港拟建2000吨级黄金储备中心

Core Viewpoint - The Hong Kong government is accelerating the establishment of an international gold trading market, with plans to create a central clearing system for gold transactions and enhance gold investment tools [1][2]. Group 1: Government Initiatives - The Hong Kong government will implement recommendations from the "Gold Market Development Working Group" to establish a central clearing system for gold, aiming to provide efficient and reliable clearing services for international standard gold trading [1]. - The government plans to support the issuance of gold funds and the development of new products, such as tokenized gold investment products, to enrich gold investment tools [1]. - A goal is set to exceed 2,000 tons of gold storage capacity within three years, establishing Hong Kong as a regional gold reserve hub [1][4]. Group 2: Infrastructure Development - The report emphasizes the need to strengthen infrastructure, including gold storage facilities and a central clearing system, as a foundation for achieving long-term connectivity in the gold market [2]. - The government aims to enhance storage capabilities and develop supporting services such as insurance, certification, and logistics, while also expanding related derivative trading activities [4]. Group 3: Market Trends - The liquidity of COMEX gold futures has significantly increased during Asian trading hours, with the volume rising from approximately 25% to over one-third of total trading volume by the second quarter of 2025, indicating growing interest in derivative trading among regional investors [4].