--- title: "香港計劃在需求增加的情況下重振黃金期貨市場" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/286029418.md" description: "香港交易所計劃恢復黃金期貨交易，以應對中國大陸日益增長的需求。財政司司長陳茂波宣佈將努力推出新的黃金產品和設施，旨在建立一個黃金中央清算系統。這是自 1980 年代以來第四次嘗試推出黃金期貨。此次復興與中國黃金儲備的增加以及香港市場的增長相一致，後者在中東緊張局勢中活動加劇。香港機場管理局也在大幅擴展黃金儲存能力" datetime: "2026-05-12T03:27:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286029418.md) - [en](https://longbridge.com/en/news/286029418.md) - [zh-HK](https://longbridge.com/zh-HK/news/286029418.md) --- # 香港計劃在需求增加的情況下重振黃金期貨市場 Financial Secretary Paul Chan Mo-po said at an event last Thursday that the city would press on with introducing new gold products and facilities to capitalize on expanding opportunities in the gold market, as reported by _The Standard._ Officials have earlier informed lawmakers of a plan to relaunch gold futures within the coming months. Authorities will seek market feedback to refine the products before rollout. The upcoming relaunch will mark the fourth such attempt of the city since the 1980s. The most recent effort came in 2017, when the bourse introduced gold futures denominated in both U.S. dollars and Chinese yuan. Although both contracts remain listed, exchange data shows neither has recorded any turnover in the past two years. Tourists purchase gold jewelry at a shop in Tsim Sha Tsui, Hong Kong, on 01 May, 2026. Photo by Imaginechina via AFP "This time is more optimistic because the previous launch was only by the exchange, but now the Hong Kong government is building an ecosystem of clearing and storage while China is also supporting Hong Kong to be a gold trading hub," said Robert Lee Wai-wang, a Hong Kong lawmaker and chairman of Grand Finance Group, as cited by the _South China Morning Post._ Financial Secretary Chan noted that Asia accounts for roughly 60% of total global gold demand annually. "To better capture these opportunities, we are building a central clearing system for gold, with trial operations scheduled for this year," he said. Meanwhile, the Hong Kong Airport Authority is fast expanding gold storage capacity, with a target exceeding 2,000 tonnes within three years, he said, adding that last month, Hong Kong also listed a new gold exchange-traded fund with physical redemption options. The revival coincides with China's central bank continuing to build up its gold reserves. According to People's Bank of China data, holdings climbed to 74.64 million ounces at the end of April, marking 18 consecutive months of growth. Hong Kong's gold market has also seen a spike in activity linked to Middle East tensions. Physical imports from the region rose sharply from early April, with some sellers offering discounts of between 15% and 20% to move stock, according to the Hong Kong Gold Exchange. China's reserve accumulation reflects a wider trend among central banks looking to reduce dependence on U.S. dollar assets. Macro strategist Tavi Costa of Crescat Capital noted last year that foreign central banks officially held more gold than U.S. Treasuries for the first time since 1996. Gold delivered its biggest annual gain on record in 2025, surging 72%. Goldman Sachs has since raised its December 2026 price forecast to $4,900 per ounce. ### 相關股票 - [600489.CN](https://longbridge.com/zh-HK/quote/600489.CN.md) - [HKXCY.US](https://longbridge.com/zh-HK/quote/HKXCY.US.md) - [600547.CN](https://longbridge.com/zh-HK/quote/600547.CN.md) - [KGC.US](https://longbridge.com/zh-HK/quote/KGC.US.md) - [GLDM.US](https://longbridge.com/zh-HK/quote/GLDM.US.md) - [SGDM.US](https://longbridge.com/zh-HK/quote/SGDM.US.md) - [GDXU.US](https://longbridge.com/zh-HK/quote/GDXU.US.md) - [UGL.US](https://longbridge.com/zh-HK/quote/UGL.US.md) - [GOAU.US](https://longbridge.com/zh-HK/quote/GOAU.US.md) - [GDXW.US](https://longbridge.com/zh-HK/quote/GDXW.US.md) - [SGOL.US](https://longbridge.com/zh-HK/quote/SGOL.US.md) - [02824.HK](https://longbridge.com/zh-HK/quote/02824.HK.md) - [JNUG.US](https://longbridge.com/zh-HK/quote/JNUG.US.md) - [IAU.US](https://longbridge.com/zh-HK/quote/IAU.US.md) - [518850.CN](https://longbridge.com/zh-HK/quote/518850.CN.md) - [GDXY.US](https://longbridge.com/zh-HK/quote/GDXY.US.md) - [159562.CN](https://longbridge.com/zh-HK/quote/159562.CN.md) - [GOEX.US](https://longbridge.com/zh-HK/quote/GOEX.US.md) - [09824.HK](https://longbridge.com/zh-HK/quote/09824.HK.md) - [GDX.US](https://longbridge.com/zh-HK/quote/GDX.US.md) - [RING.US](https://longbridge.com/zh-HK/quote/RING.US.md) - [82824.HK](https://longbridge.com/zh-HK/quote/82824.HK.md) - [GDXJ.US](https://longbridge.com/zh-HK/quote/GDXJ.US.md) - [GS.US](https://longbridge.com/zh-HK/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/zh-HK/quote/W4VR.SG.md) ## 相關資訊與研究 - [據報香港將於七月推出全新黃金結算系統，有指容許參與者以「不記名黃金帳户」方式結算](https://longbridge.com/zh-HK/news/287012324.md) - [《外資精點》摩通：上調 MSCI 香港指數目標至 16500 點，最樂觀可高見 17300 點](https://longbridge.com/zh-HK/news/286860096.md) - [鉅亨速報 - Factset 最新調查：哈莫尼黃金 (HMY-US) EPS 預估下修至 2.57 元，預估目標價為 24.35 元](https://longbridge.com/zh-HK/news/286944087.md) - [金價靠穩 憂慮通脹加劇及貨幣政策收緊](https://longbridge.com/zh-HK/news/286825110.md) - [金價失守 4500 美元 創近兩個月新低](https://longbridge.com/zh-HK/news/286974334.md)