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]