Hong Kong released its first five-year plan. HSBC co‑CEO for Asia and the Middle East Liao Yijian said measures supporting gold-market development are encouraging and that Hong Kong has the prerequisites to become a regional gold clearing hub and a gateway for global investors. He noted Asia is expected to account for more than 60% of global gold and silver bar demand by 2025 and said Hong Kong’s trading hours bridge Asia, Europe and the US, making it suitable for cross‑timezone spot, forwards a

Hong Kong released its first five-year plan. HSBC co‑CEO for Asia and the Middle East Liao Yijian said measures supporting gold-market development are encouraging and that Hong Kong has the prerequisites to become a regional gold clearing hub and a gateway for global investors. He noted Asia is expected to account for more than 60% of global gold and silver bar demand by 2025 and said Hong Kong’s trading hours bridge Asia, Europe and the US, making it suitable for cross‑timezone spot, forwards and swaps. Liao welcomed government use of tokenization to develop gold products and said a mature hub should support storage, trading, clearing/settlement and enable gold lending, inventory financing and risk‑management products. As the world’s largest offshore RMB center, Hong Kong has a unique advantage to develop RMB‑denominated gold products; Liao urged building a scaled market that meets internationally recognized risk‑control standards.