28 JUNE 2024AlCircle.com
LME explores Hong Kong warehouse licensing to enhance China market services
Edited by : Rupankar Majumder
3 min read
The London Metal Exchange is considering licensing a warehouse in Hong Kong to enhance its services for clients in China, the world's largest metals market.
At the metal exchange's annual Asia seminar in Hong Kong on June 27, Bonnie Chan, the Chief Executive Officer of Hong Kong Exchanges & Clearing Ltd. (which owns the LME), announced the commissioning of a comprehensive third-party study. This study will thoroughly assess the feasibility of establishing a warehouse in Hong Kong, ensuring that all potential factors are considered in the decision-making process.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
LME aluminium benchmark price gains US$14.5/t after two straight days of fall; SHFE price moves up by US$2/t
Next articleSMM A00 aluminium ingot price registers M-o-M downfall of RMB880/t; Low carbon aluminium price gains RMB92/t
Grow with
AL Circle
