Hong Kong Investment Promotion Agency: Linking the Asian Gold Market Hong Kong to Build a New Platform for Regional Gold Industry Cooperation

The Hong Kong Special Administrative Region Governments Invest Hong Kong (InvestHK) recently participated in the "Laos Golden Festival," where the Director of Transport, Logistics, and Industry, Wang Guofan, was invited to attend a seminar on "Connecting the Asian Gold Market." He exchanged in-depth opinions with regional financial institutions, refiners, and representatives from the gold industry regarding market trends and cross-border cooperation. This event is a practical step in deepening cooperation in the gold and financial services sector, following the signing of a memorandum of understanding between the Hong Kong SAR Government's Financial Services and the Treasury Bureau and the Lao Ministry of Finance in July this year. InvestHK stated that Hong Kong has three core advantages in developing an international gold trading center: 1. Market liquidity and robust, mature infrastructureequipped with a comprehensive trading and clearing system and reliable warehousing support; 2. International network with close interconnectionslinking to a refining network recognized by the London Bullion Market Association (LBMA), creating a highly specialized service ecosystem; 3. Efficient and flexible cross-border asset allocationleveraging its superior geographical location to connect mainland China, Asia, and global markets, providing efficient financing, settlement, and risk management platforms for producers, traders, and investors. Currently, the country's 14th Five-Year Plan explicitly supports solidifying and enhancing Hong Kong's status as an international financial center. Hong Kong is actively playing its dual role as a "super connector" and "super value creator," continuously improving the ecosystem for gold and bulk commodity trading. InvestHK will continue to assist regional enterprises in utilizing the Hong Kong platform to expand their businesses and connect with global capital, working together to promote high-quality development in the Asian gold and metals industry.