Hong Kong Financial Secretary Paul Chan Mo-po: The target for bulk commodity storage is to expand external precious metal storage to 2,000 tons within 3 years.

date
16/01/2026
Hong Kong Financial Affairs and Treasury Bureau Director Xu Zhengyu attended a special meeting of the Legislative Council Finance Committee and pointed out that the development of the commodity market in Hong Kong is like walking on multiple legs. The goal is to expand the external precious metal warehousing to 2000 tons within 3 years. Since Hong Kong was included by the London Metal Exchange as a recognized delivery port for futures, 14 warehouses have been established with a storage capacity of over 17,000 tons of non-ferrous metals.