Hong Kong Exchanges and Clearing plans to relaunch gold futures trading in the
coming months, according to remarks at a recent meeting, marking the city’s
fourth attempt since 1980 to establish a gold futures market. Previous efforts
failed due to weak trading volume and poor liquidity.
Industry participants said Hong Kong authorities are this time pushing
coordinated measures including clearing infrastructure upgrades, warehouse
expansion and tax incentives, aiming to build a physical-delivery ecosystem and
strengthen Asia’s role in gold pricing, Yicai reported.
