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LME's Hong Kong Warehouses Expand to 15, Up From 4 a Year Ago, as Storage Capacity Nears Saturation

2026-05-10 03:52:24

According to Hong Kong Exchanges and Clearing CEO Edith Lam, the London Metal Exchange's (LME) warehouses in Hong Kong have expanded from 4 to 15 within the past year, with storage capacity now approaching saturation. Lam made the remarks during a seminar at the LME Asia Week event in Hong Kong. The LME and Hong Kong Exchanges plan to explore additional collaboration projects, including futures and renminbi-denominated products, to build a comprehensive commodities ecosystem in Asia.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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