‘Major milestone’ enhances Hong Kong’s role as a conduit to China, the world’s biggest consumer of metals.

South China Morning Post

Hong Kong

Hong Kong to join LME warehouse network to serve China’s metals appetite

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Alibaba Group

The London Metal Exchange has approved Hong Kong as a warehouse location for the first time as the bourse seeks a stronger link to mainland China — the world’s biggest metals market.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

London Metal Exchange Approves Hong Kong as Warehouse Location for First Time

THE London Metal Exchange (LME) on Monday (Jan 20) approved Hong Kong as a warehouse delivery point, seeking to boost access to mainland China, the world’s biggest metals consumer.

Business Times

LME approves warehousing in Hong Kong, a gateway for metals to China

The London Metal Exchange's approval of Hong Kong as a warehouse location will strengthen the city's commodities ecosystem and lay the foundation for financial-related trading, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said.Hui said the move will provide the most...

The Standard

LME's green light for HK warehouses shot in arm for business, says Hui

LME Approves Hong Kong as Delivery Hub in Boost for China’s Metal Trade - Hong Kong joins LME’s warehouse network for the storage of seven metals

Caixin Global

LME Approves Hong Kong as Delivery Hub in Boost for China’s Metal Trade

Hong Kong is set to become part of the LME warehouse network to cater to China's demand for metals. This significant development strengthens Hong Kong's position as a key link to China, the largest global consumer of metals. The London Metal Exchange (LME) has included Hong Kong in its list of worldwide warehouse locations this Monday. This decision was made in response to the rising need for actual metal trading between mainland China and the r…

Automobile News and Trends - You must read this !

Hong Kong Joins LME Warehouse Network: A Major Milestone in Serving China’s Growing Appetite for Metals

The approval of Hong Kong as a warehouse location aligns with the city's efforts to bolster its role in global commodities trading 		
			
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Regulation Asia

LME Approves Hong Kong as a Metals Warehouse Location

The decision means Hong Kong is the 33rd location in the LME’s network, which stretches across the USA, Europe, and Asia. Matthew Chamberlain, LME CEO, stated, “The addition of Hong Kong to our global warehousing network is an exciting development, providing warehouse facilities closer to the metals hubs of Mainland China than ever before. “Mainland China is the world’s largest consumer of metals, and with its outstanding commercial infrastructu…

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Hong Kong Approved as Warehouse Location By London Metal Exchange

The London Metal Exchange (LME) has confirmed its approval of Hong Kong as an LME warehouse location.

Hong Kong to join LME warehouse network to serve China’s metals appetite

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