The Aporia
Cheng, M. (2026, September 18). Hong Kong’s metal storage hits 30,000 tonnes in push to become global commodity hub. South China Morning Post. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3368040/hong-kongs-metal-storage-hits-30000-tonnes-push-become-global-commodity-hub?utm_source=rss_feed
Cheng, Matthew. “Hong Kong’s metal storage hits 30,000 tonnes in push to become global commodity hub.” South China Morning Post, 18 Sept. 2026, https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3368040/hong-kongs-metal-storage-hits-30000-tonnes-push-become-global-commodity-hub?utm_source=rss_feed.
Cheng, Matthew. “Hong Kong’s metal storage hits 30,000 tonnes in push to become global commodity hub.” South China Morning Post, September 18, 2026. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3368040/hong-kongs-metal-storage-hits-30000-tonnes-push-become-global-commodity-hub?utm_source=rss_feed.
Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.
Hong Kong's push to become a global commodity trading hub has advanced significantly with local metal storage exceeding 30,000 tonnes, according to Christopher Hui, Secretary for Financial Services and the Treasury. The city aims to attract more global capital by enhancing its role in gold and other commodities trading. Additionally, Hui announced that Hong Kong would use yuan to pay for water from the Dongjiang river, a move aimed at promoting the internationalization of the renminbi. These efforts align with Chief Executive John Lee Ka-chiu's policy blueprint to boost the city’s gold trading market through initiatives like the Joint Working Group on Commodity Trading, chaired by Hui.