At the Lujiazui Forum on June 17, Hong Kong Secretary for Financial Services and
the Treasury Xu said Shanghai‑Hong Kong financial cooperation is comprehensive,
long‑term and interlinked. He noted Hong Kong lacks commodity markets and said
gold will be the strategic entry point, advancing strategic cooperation with the
Shanghai Gold Exchange and aiming to establish an international gold trading
center in Hong Kong. He said next steps will better leverage Hong Kong’s
financial capabilities and Shanghai’s real‑economy strengths through two‑way
linkage.