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Hong Kong unveils gold, bond and liquidity plans to drive next phase of yuan adoption

HKEX to launch yuan gold futures as HKMA eyes new products and platforms to expand offshore market activity

3-MIN READ3-MINEnoch YiuPublished: 5:00pm, 23 Sep 2026Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city’s de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency’s internationalisation, speakers at a banking summit said on Wednesday.“We have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a yuan-denominated gold futures contract,” said Gregory Yu, managing director and head of markets at HKEX, at the Treasury Markets Summit 2026, which was attended by hundreds of bankers.

“We will continue to build various precious metals and other commodities products denominated in offshore yuan.”

Read original at South China Morning Post

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