Summary | "Hong Kong has to capture this opportunity. Rival
Singapore had delayed the launch of its own gold contract to
October, Reuters reported. But the mainland's capital controls
only allowed 15 banks to handle gold imports. The exchange will
need to spend HK$1 billion building the vault over the next 18
months. Qianhai is a special economic zone an hour's drive from ...
Singapore had delayed the launch of its own gold contract to
October, Reuters reported. But the mainland's capital controls
only allowed 15 banks to handle gold imports. The exchange will
need to spend HK$1 billion building the vault over the next 18
months. Qianhai is a special economic zone an hour's drive from ...
scmp.com | 01 November 2014