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Hong Kong is taking another meaningful step toward strengthening its position in the global precious metals market.
The city has launched a trial gold clearing system in partnership with several major banks, aiming to improve settlement efficiency and support larger-scale bullion trading activity.
This move is part of a broader strategy to develop Hong Kong into a major regional gold trading and reserve hub. As financial infrastructure around gold continues to expand, the initiative could attract more institutional participation and increase Hong Kong’s influence in the international bullion market.
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