Hong Kong Exchanges and Clearing will relaunch gold futures in coming months as demand grows in mainland China. Officials aim to expand products, clearing, and storage facilities.
The Hong Kong Exchanges and Clearing is pressing ahead with the relaunch of gold futures contracts. Mainland China's rising appetite for the metal drives the move.
Financial Secretary Paul Chan Mo-po spoke at the LME Asia Metals Seminar 2026 in Hong Kong on Thursday. He said the city would keep introducing new gold products and facilities.
Acting Secretary Joseph Chan Ho-lim told lawmakers on Monday that the exchange plans the relaunch soon and will seek market feedback. Asia accounts for 60 percent of global annual gold demand, Chan added.
Lawmaker Robert Lee Wai-wang said the effort looks more promising now because the government is building an ecosystem for clearing and storage with support from Beijing.