On May 4, HKEX's market supervisor Yu Xueqin stated at a Legislative Council committee meeting that they will consult market participants and stakeholders to optimize contract design and improve mechanisms. He noted that due to geopolitical influences, investors need to diversify risks when trading and holding gold. Therefore, he believes that the design of gold futures and its connection to Hong Kong's physical gold ecosystem is absolutely necessary. HKEX will continue to research and cater to investor needs to achieve more significant growth in new futures product trading. (Jiemian)
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