Chan Mo-po: Research to provide tax incentives for qualified institutions to conduct gold trading and settlement in Hong Kong.

On February 25th, the Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, delivered the government's financial budget for the fiscal year 2026-2027 at the Legislative Council. Chan stated that following the signing of a cooperation agreement with the Shanghai Gold Exchange earlier in the year and the establishment of the Hong Kong Gold Central Clearing System, Hong Kong will: study providing tax incentives for eligible institutions engaged in gold trading and settlement in Hong Kong; assist the industry in establishing industry associations to pool resources, enhance promotion, and expand connections with industry players both domestically and internationally; assist the industry in understanding the latest developments in the gold market and acquiring relevant skills, as well as establishing a training framework.