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LME's Hong Kong Warehouses Hit Capacity as Storage Facilities Surge From 4 to 15 in One Year

GateNews

2026-05-08 03:49:41

According to Hong Kong Exchanges and Clearing Chief Executive Officer Edith Yip, London Metal Exchange (LME) warehouses approved in Hong Kong are approaching storage capacity saturation. LME began approving metal warehouses in Hong Kong last year, expanding from 4 facilities to 15 currently—a milestone for establishing physical market connectivity in the region, Yip said at a seminar during LME Asia Week.

LME and Hong Kong Exchanges plan to explore additional collaboration projects, including futures and renminbi-denominated products, to build a comprehensive commodities ecosystem across Asia.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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