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Caixin Global
Caixin Global
National
Qing Na and Wang Xiaoqing

Hong Kong Accelerates Push to Become Gold Trading Hub

Gold Hong Kong United States Christopher Hui Kong Caixin SGE
Investors are buying more gold as global uncertainty increases. Photo: VCG

Hong Kong is advancing its bid to become an international gold trading hub, eyeing yuan-denominated products to ride the global gold boom and bolster the internationalization of the Chinese currency.

Investors are diversifying into precious metals as uncertainty rises amid a rapidly changing international landscape, said Christopher Hui, secretary for Hong Kong’s Financial Services and the Treasury, in an interview with Caixin Monday.

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