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4 months ago
Hong Kong, London gold contracts to launch by June-July - HKEX chief
April 11, 2017 / 2:27 AM / 4 months ago

Hong Kong, London gold contracts to launch by June-July - HKEX chief

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Staff prepare on a podium before an event celebrating the 16th anniversary of the Hong Kong Exchanges and Clearing Ltd (HKEX) in Hong Kong, China June 28, 2016.Bobby Yip

HONG KONG (Reuters) - Hong Kong Exchanges and Clearing Ltd (0388.HK) plans to launch Hong Kong and London gold contracts by June or July this year, Chief Executive Charles Li said on Tuesday.

The bourse planned to launch trading in two separate London and Hong Kong gold contracts to "coincide with" the 20th anniversary of the British handover of Hong Kong back to China, Li told a conference.

(This version of the story corrects to specify June or July, not early July in first paragraph)

Reporting by Michelle Price; Editing by Richard Pullin

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