Financial services minister Christopher Hui also says city will pay for Dongjiang water using yuan as part of internationalising renminbi
2-MIN READ2-MINMatthew ChengPublished: 7:02pm, 18 Sep 2026Hong Kong’s push to develop into a premier gold and commodity trading hub has gained momentum, with local metal storage surpassing 30,000 tonnes, a minister has said, as the administration positions the city as the destination of choice for global capital.
Secretary for Financial Services and the Treasury Christopher Hui Ching-yu also said on Friday the government would expand renminbi settlement of payments for mainland Chinese services, such as buying water from the Dongjiang, in a bid to boost the globalisation of the yuan.
Chief Executive John Lee Ka-chiu rolled out an array of measures in his annual policy blueprint on Wednesday to accelerate the growth of the city’s international gold trading market, including a Joint Working Group on Commodity Trading chaired by Hui.
