Hong Kong Jewellery has interviewed Haywood Cheung, newly elected president of the Chinese Gold & Silver Exchange Society (CGSE) sharing his views on the global gold market and the prospect for the coming year. CGSE has a hundred years of history in gold trading, and a broad vision to launch gold kilo bar quoted on a renminbi (RMB) basis in response to Hong Kong as the offshore clearing center of RMB to strengthen the internationalization of RMB and China gold market simultaneously.
22-February-2010 SCMP-Brokers, insurers push for yuan products
Brokers, insurers push for yuan products
The insurance sector is also lobbying for regulatory approval to allow the issuing oflife policies in yuan, and the Chinese Gold and Silver Exchange Society is examining the prospect of trade in gold products in yuan.
The Chinese Gold and Silver Exchange held its market opening ceremony as a kick off for the start of the OX year and a press conference on 29 January 2009. There are a lot of media coverage regarding this event. We would like to thank the Secretary for Financial Services and the Treasury, Professor K C Chan, SBS, JP for being our honorable guest, our President, Mr. Lee Tak Lun, William, Vice-Presidents, Mr. Chueng Haywood & Mr. Chan Sheung Chi, Steven, all of our members and all the press for coming and reporting this event.
Please kindly click on the link below for the media coverage.
Media coverage for Market Opening Ceremony and Press Conference on 29 January 2009.
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