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The Shanghai Gold Exchange (SGE) has opened its first offshore physical gold delivery vault in Hong Kong, as it looks to broaden international participation and amplify China’s expanding role in the ...
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SHIJIAZHUANG --Two bank workers were sentenced to death on Thursday for China's largest ever bank theft, involving 50.95 million yuan, in northern Hebei Province. Ren Xiaofeng, 34, who is ...
Bars of gold in the vault of the Bank of New York. As China's economy slows, ... The People's Bank of China boosted its reserves by 225t year-on-year, for a total of 2,235t of the commodity.
China’s biggest bank just bought a vault that holds 2,000 tons of gold in a secret location near London. The vault which took two years to build is part of the Industrial and Commercial Bank of ...
The Shanghai Gold Exchange's first expansion outside mainland China includes two new contracts and a bullion vault in Hong Kong.
(Bloomberg) -- The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. Most Read from BloombergUS ...
“The vault also means that China can now import gold in yuan rather than dollars,” further supporting de-dollarization, said Bao, who is also a consultant for London Bullion Market Association. The ...