Enhancing and expanding its commodity market offerings will further strengthen Hong Kong’s economic resilience and elevate its global competitiveness. Hong Kong has distinct advantages in developing its commodity market, given China’s importance in the global commodities landscape.
To propel its commodity market to new heights, the focus lies on strengthening physical trading in strategic commodities while integrating targeted futures trading. The Financial Services Development Council (FSDC) has conducted a study to support the growth of Hong Kong’s commodity market. The report recommends enhancing the market ecosystem, targeting strategic commodities, and expanding its market connectivity with relevant markets.
Embarking on this journey entails bolstering physical warehousing infrastructure, nurturing a diverse range of market participants, and prioritising commodities with high demand and liquidity, such as gold, iron ore, copper, and aluminium. The inclusion of commodities supporting decarbonisation efforts could further enrich the market landscape. Furthermore, Hong Kong should also consider strengthening connectivity with key markets to facilitate cross-border commodity trading.
You are cordially invited to an Industry Exchange Series webinar. In it, we will discuss the strategies that Hong Kong can take to become a commodity trading hub for the region.
Panellists:
- Ms Ding Chen, Chief Executive Officer, CSOP Asset Management Limited; Vice-Chairman, FSDC (See Bio)
- Ms Clara Chan, Chief Executive Officer, Lee Kee Group (See Bio)
- Mr Richard Mazzochi, Partner, King & Wood Mallesons (See Bio)
- Ms Colin Toh, Managing Director & Asia Pacific Head of Global Commodities, Bank of America (See Bio)
Moderator:
- Dr Rocky Tung, Director and Head of Policy Research, FSDC (See Bio)
Language:
English
Supporting Organisation:
- Chinese Financial Association of Hong Kong
- Hong Kong Investment Funds Association
- Hong Kong Investor Relations Association
- Hong Kong Securities and Investment Institute
- The Chamber of Hong Kong Listed Companies
- The Hong Kong Institute of Bankers
- The Hong Kong Trustees' Association
- The Institute of Financial Planners of Hong Kong
- Treasury Markets Association
- World Alliance of International Financial Centers
Click here to download the presentation slides.
Click here to download the research report.