Hong Kong launches interbank tokenised gold project to boost metal trading hub status
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Hong Kong Chief Executive John Lee announced a strategic pivot toward commodity trading, fintech, and green finance, framing the city as a stable investment hub amid geopolitical tensions and AI advances. The move signals a deliberate repositioning of Hong Kong's economic model in response to external pressures, though concrete policy details remain unspecified. This matters as Hong Kong seeks to maintain its financial center status amid US-China rivalry.
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