Hong Kong will sign an accord with Shanghai next week to establish a cross-border gold trade clearing system, a move the financial chief says will bolster the city’s push to become an international gold trading hub.
Financial Secretary Paul Chan Mo-po revealed on Sunday that the city and the Shanghai Gold Exchange would sign a memorandum of understanding at the 19th Asian Financial Forum next week to pave the way for greater connectivity between the two markets.
“We are accelerating the push to…
Hong Kong steps up bid to become global gold trading hub with Shanghai agreement
