1月26日，中国人民银行副行长邹澜在亚洲金融论坛上宣布，为更好满足市场需求，人民银行支持香港 金管局将人民币业务资金安排规模由1000亿元增加至2000亿元。同时支持香港人民币清算行通过发行同 业存单，账户融资等多种方式，从境内市场获取不同期限人民币流动性，多措并举提升香港离岸人民币 流动性水平。 邹澜表示，随着人民币在跨境交易中被更广泛地使用，其支付、投融资和储备功能不断提升。据统计， 人民币已成为全球第二大贸易融资货币和第三大支付货币，在国际货币基金组织特别提款权（SDR）货 币篮子中的权重位列第三。 对于货币市场发展，邹澜介绍，中国人民银行与香港金管局于2024年2月和10月共同推动在香港开展人 民币债券的离岸回购及跨境回购业务。目前，已有34家境外机构投资者参与离岸回购，规模达1191亿 元；46家新增境外机构投资者累计开展跨境回购1503亿元。与此同时，衍生品市场的互联互通正在持续 深化，为香港人民币资产提供了日益完善的风险管理工具。截至当前，已有87家境外投资者通过香港进 入境内衍生品市场，开展利率互换交易，累计名义本金总额超过9.9万亿元人民币。 邹澜指出，中国人民银行将继续推进金融市场互联互通 ...

Core Viewpoint - The People's Bank of China (PBOC) is enhancing the offshore RMB liquidity in Hong Kong by increasing the funding arrangement scale from 100 billion to 200 billion RMB, supporting various liquidity measures to meet market demand [1]. Group 1: RMB Usage and Market Development - The RMB is increasingly used in cross-border transactions, becoming the second-largest trade financing currency and the third-largest payment currency globally, with a significant weight in the IMF's Special Drawing Rights (SDR) basket [4]. - The PBOC and the Hong Kong Monetary Authority (HKMA) are set to promote offshore RMB bond repurchase and cross-border repurchase businesses in Hong Kong in February and October 2024, with 34 offshore institutional investors already participating in offshore repurchase totaling 119.1 billion RMB [4]. - A total of 46 new offshore institutional investors have conducted cross-border repurchase transactions amounting to 150.3 billion RMB, indicating a growing interest in RMB-denominated assets [4]. Group 2: Financial Market Connectivity - The PBOC is committed to enhancing financial market connectivity, providing liquidity management and risk hedging tools for offshore investors, and improving mechanisms like Bond Connect and Swap Connect [4]. - As of now, 87 offshore investors have accessed the domestic derivatives market through Hong Kong, engaging in interest rate swap transactions with a cumulative nominal principal exceeding 9.9 trillion RMB [4]. Group 3: Offshore RMB Bond Supply and Gold Market Development - The PBOC plans to increase the supply of offshore RMB government bonds to enhance market liquidity and meet the demand for quality RMB asset allocation from overseas investors [5]. - A cooperation agreement was signed between Hong Kong and the Shanghai Gold Exchange to develop the gold market, with plans for a gold delivery warehouse in Hong Kong, which will enhance the offshore RMB market's functionality [5].

Core Viewpoint - Hong Kong is set to establish a gold central clearing system to provide efficient and reliable clearing services for various transactions, with a trial operation scheduled for this year [1][5]. Group 1: Gold Central Clearing System - The Hong Kong government will fully establish a gold central clearing company and collaborate with the Shanghai Gold Exchange on rule-making, institutional access, system design, and risk management [1][7]. - The gold central clearing system aims to enhance the safety of gold management services for participants in Hong Kong and international markets [1][7]. Group 2: Expansion of Gold Storage and Investment Channels - Hong Kong plans to increase its gold storage capacity to 2,000 tons over the next three years and establish a regional gold reserve hub [2][7]. - The Hong Kong Financial Secretary announced six new initiatives, including the introduction of a new gold fund and the exploration of digital asset trading platforms to connect traditional and digital finance [2][7]. Group 3: Collaboration with Shanghai Gold Exchange - A cooperation agreement was signed between the Hong Kong Financial Bureau and the Shanghai Gold Exchange, marking a new phase in the deepening cooperation between the two regions' gold markets [1][5]. - The agreement includes establishing a high-level governance structure for the Hong Kong gold central clearing system and exploring new paths for physical infrastructure collaboration and market connectivity [7][8]. Group 4: Global Gold Trading Landscape - The global gold trading landscape is undergoing significant changes, with London, New York, and Shanghai forming a complementary global trading system that accounts for over 90% of global gold trading volume [2][7]. - The People's Bank of China expressed support for the Shanghai Gold Exchange's participation in the Hong Kong gold clearing system, aiming to strengthen Hong Kong's connection with the global gold market [2][8].

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]

Group 1 - As of 2025, the number of foreign and associated companies in Hong Kong is expected to reach 11,017, an 11% increase from the previous year, marking a historical high. Companies from ASEAN, the Middle East, and mainland China are showing particularly strong growth, employing nearly 510,000 people in Hong Kong [1] - The number of startups in Hong Kong is projected to exceed 5,200 by 2025, also a historical high, with a year-on-year growth of 11%. These startups are expected to employ nearly 20,000 people, a 12% increase from the previous year [1] - The Hang Seng Index is anticipated to rise approximately 30% in 2025, with an average daily trading volume surpassing $32 billion. The IPO market is expected to rebound strongly, with fundraising reaching $3.6 billion, reaffirming the attractiveness of the capital market [1] Group 2 - Hong Kong processes about three-quarters of global offshore RMB payments and has the largest offshore RMB liquidity pool. The introduction of offshore RMB repurchase and cross-border purchase services in 2025 will further enhance liquidity channels [2] - The RMB bond market in Hong Kong is expected to remain active, with the market size surpassing 1 trillion RMB in 2024 and maintaining this level in 2025. Hong Kong aims to deepen financial market connectivity with the mainland [2] - Digital assets are becoming a key driver of financial innovation in Hong Kong, with the second digital asset policy statement released and regulations being developed. A licensing regime for digital asset trading and custody service providers is expected to be concluded by the end of 2025 [2] Group 3 - As of September 2025, assets under management in green and sustainable funds in Hong Kong are expected to exceed $141 billion, with the number of funds and assets growing by 32% and 23% respectively over three years [3] - Hong Kong plans to increase its airport gold storage capacity to 2,000 tons and is committed to building an international gold trading market and enhancing the commodity trading ecosystem [3] - The Hong Kong gold industry has formed a complete industrial chain, with the first offshore warehouse of the Shanghai Gold Exchange in operation and over 20,000 tons of metals stored in warehouses supporting exchange contract delivery [3]

Core Viewpoint - The Hong Kong Special Administrative Region government has established the "Hong Kong Gold Settlement Company," marking a new phase in the deepening cooperation between the gold markets of Hong Kong and Shanghai [1][7]. Group 1: Cooperation Agreement - The cooperation agreement was signed at the Asian Financial Forum, witnessed by key officials including the Chief Executive of Hong Kong and the Deputy Governor of the People's Bank of China [1][3]. - The agreement aims to enhance the collaboration between the two regions, focusing on the establishment of a high-level governance structure for the Hong Kong Gold Central Settlement System [3][9]. Group 2: Strategic Importance of Gold - The People's Bank of China emphasizes the strategic importance of gold in the global financial system, especially amid geopolitical uncertainties and inflation pressures [3][9]. - The agreement reflects the commitment to high-quality financial openness and the collaborative development of Hong Kong and Shanghai as international financial centers [3][9]. Group 3: Key Initiatives for Gold Market Development - The Hong Kong government announced six initiatives to promote the high-quality development of the gold market, including expanding gold storage capacity at the airport to exceed 2,000 tons within three years [5][11]. - A memorandum of cooperation has been signed with Shenzhen to facilitate processing trade collaboration between the two regions [5][11]. - The Hong Kong Gold Central Settlement System is set to begin trial operations within the year [5][11]. - Legislative proposals will be submitted to include precious metals in the tax incentive scope for certain funds and family offices [5][11]. - A new gold fund will be launched, featuring options for physical gold transactions and storage, as well as plans to connect traditional and digital finance [5][11]. - A sustainable gold governance framework and standards are being developed to promote ethical sourcing and environmental protection [5][11].

Core Viewpoint - The Hong Kong Special Administrative Region (HKSAR) government has established the "Hong Kong Gold Settlement Company," marking a significant step towards deeper cooperation between the gold markets of Hong Kong and Shanghai [2][4]. Group 1: Cooperation Agreement - The cooperation agreement was signed at the Asian Financial Forum, witnessed by key officials including the Chief Executive of HKSAR and the Deputy Governor of the People's Bank of China [2]. - The agreement aims to support the construction of a Hong Kong gold clearing system and enhance the collaboration between Hong Kong and Shanghai as international financial centers [5]. Group 2: Strategic Significance - The agreement emphasizes the strategic importance of gold in the global financial system, especially amid geopolitical uncertainties and inflation pressures [5]. - The collaboration reflects the commitment to high-quality financial openness and the coordinated development of the gold markets in both cities [5]. Group 3: Key Arrangements - The first key arrangement involves establishing a high-level governance structure for the Hong Kong Gold Central Clearing System, with the HKSAR Financial Secretary as the chairman and a representative from the Shanghai Gold Exchange as the vice-chairman [6]. - The second arrangement focuses on exploring new pathways for physical infrastructure collaboration and market connectivity, leveraging the Shanghai Gold Exchange's storage management system [6]. Group 4: Six Initiatives for Market Development - The HKSAR government announced six initiatives aimed at enhancing the gold market, including: 1. Expanding gold storage capacity at Hong Kong International Airport to exceed 2,000 tons within three years [8]. 2. Signing a memorandum of cooperation with Shenzhen for processing trade collaboration [8]. 3. Launching the Hong Kong Gold Central Clearing System for trial operations within the year [8]. 4. Proposing legislative changes to include precious metals in tax incentive investment categories [8]. 5. Introducing a new gold fund that will facilitate physical gold transactions and storage [8]. 6. Developing a sustainable gold governance framework to promote ethical sourcing and environmental standards [8]. Group 5: Future Outlook - The collaboration between Hong Kong and Shanghai is seen as a historical opportunity to shape the future of the global gold market, aiming to create lasting value for global investors and economies [9].

Core Viewpoint - The article discusses the signing of a cooperation agreement between the Hong Kong Special Administrative Region (HKSAR) government and the Shanghai Gold Exchange (SGE), marking a new phase in the collaboration between the gold markets of Hong Kong and Shanghai. The agreement aims to enhance the strategic importance of gold in the global financial system amidst geopolitical uncertainties and inflation pressures [1]. Group 1: Cooperation Agreement Highlights - The cooperation agreement includes the establishment of a high-level governance structure for the Hong Kong Gold Central Clearing System, with the HKSAR Financial Secretary as the chairman and a representative from the SGE as the vice-chairman [1]. - The agreement also focuses on exploring new pathways for physical infrastructure collaboration and market connectivity, leveraging the SGE's physical warehousing management system to provide storage services for local and international market participants [2]. Group 2: Development Initiatives for Hong Kong's Gold Market - The HKSAR government aims to expand gold storage capacity at the Hong Kong International Airport to exceed 2,000 tons within three years, positioning Hong Kong as a trusted global gold storage location [3]. - A memorandum of cooperation has been signed with the Shenzhen local financial management bureau to facilitate processing trade cooperation between Hong Kong and Shenzhen's qualified refining enterprises [4]. - The Hong Kong Gold Central Clearing System, managed by a government-owned company, is set to begin trial operations within the year [4]. - Legislative proposals will be submitted to include precious metals in the tax incentive investment scope for relevant funds and family offices [4]. - A new gold fund is set to launch in Hong Kong, featuring physical gold transactions and storage options, along with plans to connect traditional and digital finance through licensed digital asset trading platforms [4]. - The article mentions the development of a sustainable gold governance framework and standards to promote ethical sourcing and environmental protection [4].

Core Viewpoint - Hong Kong aims to establish itself as an international gold trading center by increasing its gold storage capacity to 2,000 tons over the next three years and creating a regional gold reserve hub [1][4]. Group 1: Gold Central Clearing System - Hong Kong will establish a gold central clearing system to provide efficient and reliable clearing services that meet international standards for various transactions [3]. - The system is set to begin trial operations this year, with a cooperation agreement signed between the Hong Kong government and the Shanghai Gold Exchange to develop the gold market [3][4]. - The People's Bank of China will support the Shanghai Gold Exchange's participation in the construction of Hong Kong's gold clearing system, enhancing Hong Kong's connection with the global gold market [3]. Group 2: Market Activity and Demand - Hong Kong's gold trading activity has significantly increased, with the average daily trading volume of the Hong Kong Gold Exchange's "9999 Gold" rising over twofold year-on-year to HKD 2.9 billion by November 2025 [4]. - Global gold demand remains strong, with gold prices increasing by over 60% in the past five years, marking the largest rise since 1979, reinforcing gold's role as a reserve asset and investment product [4]. Group 3: Infrastructure and Ecosystem Development - The Hong Kong government plans to fully establish a gold central clearing company and collaborate with the Shanghai Gold Exchange on rules, institutional access, system design, and risk management [4][5]. - There are plans to enhance gold storage facilities at the airport to increase capacity to over 1,000 tons, meeting local storage, delivery, and transit needs [4]. - The government is also encouraging gold merchants to establish or expand refineries in Hong Kong and is exploring processing options in mainland China [5]. Group 4: Investment Products and Tools - Hong Kong is actively working to enrich its gold market ecosystem by developing new investment tools, including tokenized gold investment products and supporting the issuance of gold funds [5]. - A new gold fund is set to launch in Hong Kong, leveraging the city's established gold trading and storage infrastructure, with options for physical gold redemption [5].

投资黄金，安全先行。领峰环球深谙此道，将资金安全视为平台运营的生命线，构建了业内领先的三重防护体 系。第一重防护来自国际权威监管。平台持有巴哈马证券监察委员会（SCB）牌照，在严格的国际金融监管框 架下规范运营，确保每一笔交易都在阳光下进行。第二重防护是技术创新保障。平台采用国际认可的SSL网络安 全协议，对所有数据传输进行加密处理，构建高效准确的身份认证体系，防止客户信息和交易数据外泄。第三 重防护是严格的资金管理制度。领峰环球实行客户资金独立托管，确保投资者资金安全无虞。 2026-01-26 11:51:16 作者：狼叫兽 黄金突破4900大关，再度刷新历史新高，在全球黄金市场迎来新一轮牛市行情之际，一个专业交易平台提供的 不仅是交易通道，更是包含数据分析、风险控制和投资教育的综合解决方案。领峰环球黄金交易平台通过专业 服务和技术革新，正在重新定义黄金投资的体验标准。 据行业数据显示，2025年黄金市场以超过70%的年涨幅和创纪录的54次历史新高震撼了全球投资者。面对如此活 跃的市场，普通投资者常感手足无措——行情波动剧烈、信息繁杂难辨、操作执行滞后等问题，都可能让投资 机会从指间溜走。 领峰环球黄金交 ...