FINANCE

Hong Kong Expands Gold Storage, Launches Clearing Platform to Cement Global Hub Role

Published: Jan. 27, 2026 1:24 a.m. GMT+8

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Hong Kong plans to raise its total gold storage capacity to over 2,000 tons within three years and launch a central clearing platform in partnership with the Shanghai Gold Exchange

Hong Kong is pushing to bolster its position as a global commodities hub by expanding gold storage capacity and integrating with the Chinese mainland’s financial infrastructure.

The city plans to raise its total gold storage capacity to over 2,000 tons within three years and launch a central clearing platform in partnership with the Shanghai Gold Exchange, officials announced Monday at the Asian Financial Forum.

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Hong Kong plans to expand gold storage capacity to over 2,000 tons by 2027 and launch a central clearing platform with the Shanghai Gold Exchange, with trial operations set for 2026.
Cooperation agreements with Shanghai and Shenzhen aim to integrate financial infrastructure, enable smoother cross-border trading, and improve gold processing.
New gold-backed ETFs, including the Hang Seng Gold ETF launching Jan. 29, reflect rising investor interest amid record gold prices.

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Who’s Who

Hong Kong Precious Metals Central Clearing System Co. Ltd.: Hong Kong Precious Metals Central Clearing System Co. Ltd. is a state-owned firm established to manage Hong Kong's centralized clearing infrastructure for precious metals. It was formed under a cooperation agreement between Hong Kong's Financial Services and the Treasury Bureau and the Shanghai Gold Exchange. The Shanghai Gold Exchange will help oversee this new company, with a representative serving as vice chairman to guide operational rules and system setup.

Hang Seng Gold ETF: The Hang Seng Gold ETF is scheduled to debut on January 29 on the Hong Kong Stock Exchange. It will be backed by physical gold with 99.5% purity, stored at the airport's depository. It is one of the few locally listed funds backed by physical bullion, joining the Value Gold ETF which launched in 2010.

Value Gold ETF: The Value Gold ETF, launched in 2010, is one of the limited locally listed funds in Hong Kong that is backed by physical bullion. The article mentions it in the context of a surge in gold-linked financial offerings in the region.

E Fund Management (Hong Kong) Co. Ltd.: E Fund Management (Hong Kong) Co. Ltd. is mentioned in the article as the manager of a mining-focused ETF scheduled to list on January 30th. This ETF will be traded on the Hong Kong Stock Exchange.

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What Happened When

January 27, 2026：: Hong Kong officials announced plans to launch a central clearing platform in partnership with the Shanghai Gold Exchange and to raise total gold storage capacity at the Asian Financial Forum.

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