-
Hong Kong’s share of global gold, wealth flows is rising fast as China’s market evolves
Hong Kong is quickly increasing its share of the global gold and investment market as it leverages its unique geographical and financial advantages to support China’s economic and financial growth, and the latest data and projections indicate that the trend is likely to accelerate in the coming years. On the gold front, China's net gold imports via Hong Kong rose by 81.2% in April from March, the Hong Kong Census and Statistics Department’s data showed on Thursday. China, the world's top gold consumer, imported a net 86.715 tonnes in April, nearly doubling the 47.866 tonnes in March, the data showed. And recent ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
SCOOP: U.S. and Iran reach deal but need Trump's final approval, officials say U.S.–IRAN DEAL PENDING TRUMP APPROVAL U.S. and Iranian negotiators have agreed on a 60-day ceasefire and framework for nuclear talks, but the deal still awaits final approval from President Trump. The memorandum would reopen negotiations on Iran’s nuclear program, ensure…
From brecorder.com | May 28, 2026
China’s net gold imports via Hong Kong rose 81.2% in April from the previous month, Hong Kong Census and Statistics Department data showed on Thursday. The world’s top gold consumer imported a net 86.715 metric tons in April, up from 47.866 tons in March, and marked its 13th straight monthly increase, the data showed. The Hong Kong data may not provide a ...
From sbcgold.com | May 28, 2026
China completed its 18th consecutive month of gold purchases, pushing reserves to an all-time high. Moreover, the People’s Bank of China notched the largest single monthly demand surge in 15 months, signaling a rapacious appetite for physical gold and a policy-driven accumulation. Meanwhile, Chinese consumer demand remains tepid, but the real drivers of ...
