Hong Kong Gold Central Clearing System Launches; Bank of China Completes 16 Transactions on July 7

According to Jin10, Hong Kong's gold central clearing and settlement system began trial operations on July 7. Bank of China (Asia), a board member and direct participant in the system, completed the first batch of physical gold deposit and executed 16 transactions and settlements on the system's launch day, becoming a key driving force in the infrastructure initiative.
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