The Chinese gold exports via Hong Kong outpaced imports during the month of May this year. This is the second straight month that the imports remained lower in comparison with exports. However, the imports rose significantly by 85% when matched with the previous month. The reduced imports were mainly due to abundant domestic supply and projected subdued demand outlook. In accordance with the data published by the Hong Kong Census and Statistics Department, net gold imports via Hong Kong stood at minus 1.5 tonnes, as compared with minus 10.3 tonnes in gold. The total gold imports via Hong Kong dropped from 4.2 tonnes ... (full story)