Shanghai-Hong Kong gold link launches

Beijing (July 12)  The Chinese Gold and Silver Exchange Society of Hong Kong and the Shanghai Gold Exchange announced on Friday the official launch of a link between the bullion markets in the two cities.

The start of the Shanghai-Hong Kong Gold Connect marked the deepening of cross-border market connections from equities to commodities, and the move will further promote their financial integration and development. The link will allow Hong Kong investors to trade on the main and international boards of the Shanghai Gold Exchange.

Source: GlobalTimes.cn