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Hong Kong Treasury Bureau: Two gold refiners settled in Hong Kong to add strong impetus to Hong Kong's “Gold Plan”
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The Zhitong Finance App learned that the Hong Kong Introduction Office recently announced a list of a new batch of key enterprises, including two gold refiners. The Hong Kong Treasury Department said that the two gold refiners settled in at a time when Hong Kong was making every effort to build an international gold trading hub, adding strong impetus to Hong Kong's “gold plan.”

Of the two gold refiners, one is Valcambi SA, a gold refinery that Hong Kong's Secretary for Treasury, visited in early October; the other is Dianjin International, which has just opened its Hong Kong headquarters and will build a refinery in Tai Po.

Hong Kong is making every effort to develop a fully functional gold trading ecosystem, integrating gold trading, clearing and settlement, warehousing, refining and risk management in one place. Refining is an important part of building an ecosystem. A number of top Swiss refiners have successively participated in Hong Kong's gold business, playing an important role in Hong Kong's quest for international recognition and raising industry standards.

The Hong Kong Government stated that it will continue to seize the strong momentum of gold market development, actively study and implement various policy packages, attract more international precious metals companies to do business in Hong Kong and establish Asia-Pacific headquarters, and further strengthen Hong Kong's position as an international financial center and international gold trading hub.

Also, two fintech companies announced their settlement on the same day, including Solana, which focuses on blockchain and digital asset technology, and Unlimit, a financial infrastructure company. Authorities said that the HKSAR Government has been actively promoting the development of fintech and digital assets, and Hong Kong continues to rank first in the world in the fintech ranking of the “Global Financial Centers Index”. Xu Zhengyu hopes that the establishment of the two companies will further enrich the fintech ecosystem and help enhance Hong Kong's competitiveness as an international digital asset hub.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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