Hong Kong eyeing gold expansion and Northern Metropolis vaults to cement hub status
Hong Kong’s plan to raise its gold holdings will further cement the city’s status as an international financial centre, with the possibility of building vaults in the Northern Metropolis megadevelopment, according to authorities. Financial Secretary Paul Chan Mo-po also said on Thursday the city was under “no pressure” to raise interest rates following a US rate hike, but stressed authorities…
We haven't written up this one. South China Morning Post - Hong Kong has the full story — the link below goes straight to it.
