The Zhitong Finance App learned that on November 11, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Ching-yu, said in writing in response to Member Li Weihong's question at the Legislative Council meeting that the Hong Kong Gold Central Clearing and Settlement System (CCS) began trial operation in July this year under the supervision of Hong Kong Precious Metals Central Clearing Systems Co., Ltd., with 11 banks as temporary direct participants to provide the market with efficient and reliable OTC international standard gold transaction clearing and settlement services. The market response was positive during the trial operation.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that on November 11, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Ching-yu, said in writing in response to Member Li Weihong's question at the Legislative Council meeting that the Hong Kong Gold Central Clearing and Settlement System (CCS) began trial operation in July this year under the supervision of Hong Kong Precious Metals Central Clearing Systems Co., Ltd., with 11 banks as temporary direct participants to provide the market with efficient and reliable OTC international standard gold transaction clearing and settlement services. The market response was positive during the trial operation.
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