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The Hong Kong Stock Exchange will soon announce a new mechanism for gold futures.
ME News Report, May 18 (UTC+8), according to informed sources, Hong Kong Exchanges and Clearing will soon announce details of a new gold futures contract design. Facing global demand for gold and competition from Singapore, HKEX has been actively promoting the restart of gold futures trading. HKEX is studying ways to optimize existing gold futures products, and relevant details will be announced in due course. (Hong Kong Economic Journal) (Source: ODAILY)