陈茂波提到，要研究为在港进行黄金交易及结算的合资格机构提供税务优惠；协助业界成立行业协会， 汇聚资源、加强推广，并拓展与海内外业界的联系；以及协助业界了解黄金市场最新发展和掌握相关技 能，并建立培训架构。 （文章来源：新华财经） 新华财经香港2月25日电（记者林迎楠）香港特区政府财政司司长陈茂波25日在立法会发表2026至2027 年度《财政预算案》表示，继年初与上海黄金交易所签订合作协议，并建立香港黄金中央清算系统后， 香港将继续推动建立国际黄金交易市场。 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 香港财政司司长陈茂波在2026-27财年财政预算案中表示，继年初与上海黄金交易所签订合作协议，并 建立香港黄金中央清算系统，香港将： 1．研究为在港进行黄金交易及结算的合资格机构提供税务优惠； 2．协助业界成立行业协会，汇聚资源、加强推广，并拓展与海内外业界的联系； 3． 协助业界了解黄金市场最新发展和掌握相关技能，并建立培训架构。（新浪财经香港站） 1．研究为在港进行黄金交易及结算的合资格机构提供税务优惠； 2．协助业界成立行业协会，汇聚资源、加强推广，并拓展与海内外业界的联系； 3． 协助业界了解黄金市场最新发展和掌握相关技能，并建立培训架构。（新浪财经香港站） 上个马年沪指涨近60%！新年新福利来了，炒股排面要拉满，新号启幸运>> 上个马年沪指涨近60%！新年新福利来了，炒股排面要拉满，新号启幸运>> 责任编辑：郭栩彤 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 香港财政司司长陈茂波在2026-27财年财政预算案中表示，继年初与上海黄金交易所签订合作协议，并 建立香港黄金中央清算系统，香港将： 责任编 ...

Core Viewpoint - Hong Kong is set to establish a gold central clearing system to provide efficient and reliable clearing services for various transactions, marking a significant step towards developing an international gold trading market as outlined in the 2025 Policy Address [1][2] Group 1: Establishment of the Gold Central Clearing System - The gold central clearing system will begin trial operations this year, aiming to enhance transaction efficiency and risk management by providing international standard clearing services [1][2] - This system addresses the previous lack of a unified clearing mechanism in Hong Kong, reducing transaction costs and improving the risk management framework [2][3] Group 2: Strengthening Hong Kong's Financial Hub Status - The establishment of the clearing system complements Hong Kong's plans to expand its gold storage capacity to over 2,000 tons within three years, reinforcing its position as a regional gold reserve hub [2][3] - The complete ecosystem of "trading—clearing—delivery—storage" will attract sovereign funds from the Middle East and central banks from Southeast Asia to store gold in Hong Kong [2][3] Group 3: Enhancing International Appeal - The new system aims to attract more international participants by standardizing clearing services, thereby solidifying Hong Kong's status as a major global gold trading market [3][4] - It will facilitate cross-border connectivity and align with national financial opening strategies, promoting the development of gold financing, asset management, and cross-border trade [3][4] Group 4: Collaboration with Shanghai Gold Exchange - A cooperation agreement with the Shanghai Gold Exchange will enhance cross-border precious metal trading and clearing systems, improving the convenience of gold clearing and delivery [4][5] - The collaboration aims to create an "Shanghai Gold + Hong Kong Price" pricing system, complementing Western markets and increasing Asia's weight in global gold pricing [5] Group 5: Focus on Physical Gold and Pricing Mechanism - The central clearing system will emphasize physical delivery, aligning with the Asian market's preference for tangible gold assets, thus attracting more investors focused on physical assets [5] - By lowering barriers for international institutions to participate, the system will diversify the investor base in Hong Kong's gold market, enhancing the authority of pricing mechanisms [5]

Group 1 - The Hong Kong government has signed a cooperation agreement with the Shanghai Gold Exchange to launch a cross-border precious metals trading and clearing system, aiming to establish Hong Kong as a regional gold reserve center with a target of over 2,000 tons of reserve capacity within three years [1] - Hong Kong is exploring measures to deepen mutual benefits between mainland and Hong Kong financial markets and is accelerating the development of new growth areas, including the establishment of an international gold trading market and a commodities trading ecosystem [1] - A central clearing system for gold will be established to provide efficient and reliable clearing services for gold transactions that meet international standards, diversifying gold investment [1] Group 2 - As of now, Hong Kong has 15 warehouses in operation, holding over 20,000 tons of metal certificates to support the exchange in fulfilling contracts [1] - By the end of 2025, over 200 family enterprises are expected to establish or expand their businesses in Hong Kong, with a goal to attract at least 220 more by 2028, alongside optimizing the main approval systems for listings and product issuances [1] - The Hong Kong Stock Exchange is working to promote electronic holding and trading of securities and will propose a plan to shorten the settlement cycle for the Hong Kong cash stock market in the coming months [1]

Core Viewpoint - The Hong Kong government aims to establish the region as an international center for gold trading, storage, clearing, and risk management, with a central clearing system set to begin trial operations by 2026 [1][2]. Group 1: Government Initiatives - The Hong Kong Monetary Authority has completed the first phase of expansion for the airport precious metals storage facility, increasing its capacity to 200 tons, with plans to further expand to 1,000 tons [1]. - The Shanghai Gold Exchange has established its first offshore warehouse in Hong Kong, enhancing the region's gold market infrastructure [1]. Group 2: Industry Collaboration - The government plans to form a preparatory group to support the establishment of a gold industry organization, aiming to involve local and international stakeholders to promote collaboration within the industry [1]. - The upcoming industry organization is expected to strengthen communication with the government and regulatory bodies, playing a crucial role in business development, international promotion, cooperation, and talent cultivation [1]. Group 3: Strategic Goals - The introduction of long-term strategies for the international gold trading market includes expanding storage, enhancing gold supply, building infrastructure, enriching investment tools, and developing a local gold trading ecosystem [2].

Core Viewpoint - The Hong Kong government aims to establish the city as an international center for gold trading, storage, clearing, and risk management, with a complete gold market supply chain already taking shape [1] Group 1: Infrastructure Development - The Hong Kong Airport Authority has completed the first phase of expansion for the airport's precious metals storage facility, increasing its capacity to 200 tons, with plans to further expand to 1,000 tons [1] - The Shanghai Gold Exchange has established its first offshore warehouse in Hong Kong [1] Group 2: Regional Collaboration - The Hong Kong government has signed a memorandum of cooperation with the Shenzhen Municipal Financial Management Bureau to create a deeply integrated regional gold ecosystem, laying the foundation for processing trade cooperation between Hong Kong and Shenzhen [1] Group 3: Clearing System - A Hong Kong gold central clearing system, managed by a wholly-owned government company, is scheduled to begin trial operations by 2026 [1] Group 4: Industry Organization - The Hong Kong government will establish a preparatory group to support the formation of a gold industry organization, aiming to involve local and international stakeholders to promote collaboration within the industry [1]

Core Insights - ICBC is strategically expanding its gold storage business in response to market opportunities, having established two designated warehouses since 2025 after a period of no new additions since 2019 [2][3] - The bank plans to open a gold warehouse at Hong Kong International Airport, with preparations expected to be completed in the coming months [4][5] Group 1: Domestic Developments - ICBC has established a designated gold warehouse in Sanya, as announced on November 17, 2025, to enhance its gold storage services [2] - The bank's Hezhou branch has become the first certified professional storage institution in Hezhou, adhering to national standards and enabling same-day delivery, which is expected to save local businesses over 10 million yuan annually [3] Group 2: Hong Kong Market Initiatives - ICBC is looking to tap into the Hong Kong market by setting up a gold warehouse at the airport, aligning with the Hong Kong government's initiative to establish an international gold trading market [4][5] - The Hong Kong government has outlined a strategic plan to build a regional gold reserve hub, aiming to exceed 2,000 tons of storage capacity within three years [5][7]

Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) is strategically expanding its gold storage business in response to market opportunities, with recent developments including the establishment of designated warehouses in Sanya and Hezhou, and plans for a warehouse at Hong Kong International Airport [1][2][3]. Group 1: Domestic Developments - ICBC has not added any designated gold warehouses in mainland China since 2019, but has opened two new warehouses since 2025 [1]. - The Hezhou branch of ICBC has become the first certified professional storage institution in Hezhou and the second in Guangxi, aiming to enhance local gold enterprise efficiency and reduce costs by over 10 million yuan annually [2]. - The gold storage services provided by ICBC are designed to facilitate immediate delivery and storage for members of the Shanghai Gold Exchange, addressing local challenges in gold delivery [2]. Group 2: Hong Kong Market Expansion - ICBC is planning to establish a gold warehouse at Hong Kong International Airport, with preparations expected to be completed in the coming months [3]. - The Hong Kong government is actively working on establishing an international gold trading market, with a target of building a regional gold reserve hub that can store over 2,000 tons of gold [3][6]. - The Hong Kong Monetary Authority is collaborating with the Shanghai Gold Exchange to create a central clearing system for gold transactions, enhancing the efficiency and reliability of international gold trading [4][6].

Market Initiatives - Shanghai Gold Exchange will waive transaction fees for international board Hong Kong inquiry contracts iPAu99.99HK and iPAu99.5HK from November 11, 2025 to the end of 2026 [1] - Hong Kong aims to become an international gold trading center [2] - Hong Kong plans to expand gold storage and build a regional gold reserve hub with a target of exceeding 2,000 tonnes within three years [2]

Group 1 - Hong Kong aims to strengthen its role as an outbound platform for mainland enterprises, facilitating their global expansion [1][2] - The Hong Kong government has established a dedicated task force to support mainland companies in utilizing Hong Kong as a launchpad for international markets [1] - Tax incentives will be optimized to attract more mainland enterprises to set up financial centers in Hong Kong, with a focus on promoting regional headquarters for mainland banks [1] Group 2 - In the realm of green and sustainable finance, Hong Kong issued approximately $43 billion in green and sustainable bonds last year, accounting for about 45% of the total in Asia [1] - The Hong Kong Stock Exchange will enhance collaboration with the Greater Bay Area's carbon market to develop a cross-border trading settlement system [1] - Hong Kong plans to establish an international gold trading market and a central clearing system for gold transactions to enhance its position in the global gold market [2]