FSTB and Shanghai Gold Exchange sign co-operation agreement to foster high-quality development of Hong Kong’s gold market

Source: Hong Kong Government special administrative region

     The Financial Services and the Treasury Bureau (FSTB) signed today (January 26) a co-operation agreement with the Shanghai Gold Exchange during the Asian Financial Forum, marking a new milestone in deepening co-operation between the gold markets of Hong Kong and Shanghai. The FSTB also revealed new moves in six aspects relating to the development of gold market at the same time.

     The agreement was signed by the Secretary for Financial Services and the Treasury (SFST), Mr Christopher Hui, and the Chairman of the Shanghai Gold Exchange, Mr Yu Wenjian, in the presence of the Chief Executive, Mr John Lee; the Deputy Governor of the People’s Bank of China, Mr Zou Lan; Member of the Standing Committee of the Communist Party of China (CPC) Shanghai Municipal Committee and Executive Vice Mayor of the Shanghai Municipal People’s Government, Mr Wu Wei; and the Executive Deputy Director of the Office of the Financial Commission of the CPC Shanghai Municipal Committee, Mr Zhou Xiaoquan.