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HKEX Plans to Resume Gold Futures Trading
Svmuu News: Yu Xueqin, Head of Markets at Hong Kong Exchanges and Clearing Limited (HKEX), stated at a Legislative Council committee meeting that the exchange will solicit opinions from market participants and stakeholders to optimize contract design and improve mechanisms. He noted that due to geopolitical influences, investors need to diversify risks when buying, selling, and storing gold. Therefore, he believes it is absolutely necessary to link the design of gold futures with Hong Kong's physical gold ecosystem. HKEX will continue its research to meet investor demand and drive more significant growth in new futures product trading. (Jiemian)
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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