Insights
Why Asia needs its own gold hub
Gold has always played a special role in Asian cultures and history. Over the past decade, global demand for gold has increased exponentially. Asian countries have notably overtaken Western markets to become the largest importers of gold. Despite this shift in demand, the price discovery, clearing, and settlement of the yellow metal continue to concentrate in Western time zones. Hong Kong has a timely opportunity to become a gold hub for Asia.
Digital assets hub
Hong Kong has made significant strides in reinventing itself as a leading digital assets hub, a strategic step in its plan to rejuvenate the city’s appeal as a global financial centre. But the regulators are walking a tightrope in balancing risks and innovation.
Digital assets custody: too big to ignore
The explosive growth of the crypto market underscores how cryptocurrencies have come a long way from the days where many considered them a scam. Securities services providers are feeling their way into the world of digital assets.