Hong Kong's Potential as a Gold Trading Hub Highlighted by Chief Executive

Hong Kong Chief Executive John Lee has identified the expansion of the gold trading center as a significant opportunity for the region's financial diversification. According to RTHK, Lee emphasized in an interview with Hong Kong Economic Journal and Now TV that while Hong Kong's stock market has seen considerable success, the increasing complexity of global politics has led investors to favor gold for its safe-haven qualities. Lee noted that during last year's policy address consultations, it became evident that many mainland institutional investors are actively involved in gold trading. These investors not only trade domestically but also have substantial demand for international gold markets, making them key participants in the global gold market source: https://www.binance.com/en/square/post/292108314953841?utm_source=BinanceNewsRSS