Gold Trading
Hong Kong's initial public offering market has raised more than HK$140 billion (US$17.9 billion) as of April, maintaining its global lead, Financial Secretary Paul Chan Mo-po said, while indicating a renewed push for gold trading amid rising demand for risk diversification. Chan stated on Sunday that the city remains the world's top IPO fundraising hub.
Reported by AI
Hong Kong's Chief Executive John Lee announced a cooperation agreement with Shanghai to establish a gold trading ecosystem at the Asian Financial Forum, while highlighting record highs in foreign and mainland Chinese firms in the city.