Hong Kong to Team Up With Shanghai Gold Exchange on OTC Gold Central Clearing System, Treasury Bureau Boss Says
Hang Yu | Mo Zihao | Zhu Bin
DATE:  13 hours ago
/ SOURCE:  Yicai

(Yicai) March 13 -- Hong Kong is accelerating cooperation with the Shanghai Gold Exchange to establish an over-the-counter gold central clearing system in Hong Kong, Christopher Hui, secretary of Hong Kong's Financial Services and the Treasury Bureau, told Yicai. Hong Kong will increase its gold reserves to over 2,000 tons within the next three years, he added.

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Keywords:   gold,Shanghai Gold Exchange,Financial Services and the Treasury Bureau