The 2026 Policy Address of the Hong Kong Special Administrative Region has set forth a strategic vision to further develop the global offshore RMB business and capital markets. Chen Yiting, the Chief Executive Officer of Hong Kong Exchanges and Clearing Limited (HKEX), highlighted that international investors are increasingly turning their attention towards Asia, with a particular focus on the Chinese market, in their quest for diversified asset allocations. In response to this trend, Chen emphasized the necessity for Hong Kong to construct a multifaceted asset ecosystem that encompasses fixed income, currencies, commodities, and various other sectors, rather than solely depending on the stock market. To cater to the evolving market demands, HKEX will undertake a comprehensive study on the feasibility of introducing RMB-denominated gold futures.
