Xu Zhengyu: Hong Kong plans to consider RMB-denominated gold

ChainCatcher news, according to Caixin, Hong Kong's Financial Secretary Paul Chan stated in an exclusive interview with Caixin that Hong Kong aims to build an international gold trading center, not only to help investors diversify their risks but also to expand the use of the Renminbi, thus considering Renminbi-denominated gold.

It is reported that in September 2025, Hong Kong Chief Executive John Lee's fourth Policy Address during his term will clearly outline five specific recommendations from the Hong Kong Financial Secretary's Gold Market Development Working Group, including assisting issuers in issuing tokenized gold investment products.