Events
On November 3, 2017, the ceremony to celebrate the Launch of “Shenzhen-Hong Kong Gold Connect” and the inauguration of 45th Term Executive and Supervisory Committees of the Chinese Gold and Silver Exchange Society (CGSE) were successfully held at the Hong Kong Convention and Exhibition Center. Chief Executive of the Hong Kong Special Administrative Region Mrs. Carrie Lam officiated at the event. CGSE President Dr. Haywood Cheung, Chairman of the Supervisory Committee Mr. Lo, CGSE CEO Mr. Brian Fung and other guests made appearance. Acetop Precious Metals Limited was invited to attend and Mr. Nick Ku represented the company and witnessed this financial event together with elites from Mainland, Hong Kong and all over the world.
During her speech, Mrs. Carrie Lam Chief Executive of HKSAR expressed that for over a century CGSE has made tons of contributions in regulating trading operations of members and ensuring the smooth and orderly market transactions. The launch of "Shenzhen-Hong Kong Gold Connect" opened a new chapter in the development of the gold market in both places. She sincerely hoped that "Shenzhen-Hong Kong Gold Connect" will be successfully launched and operate smoothly.
"Shenzhen-Hong Kong Gold Connect" is the second cross-border exchange platform for gold trading following the "Shanghai-Hong Kong Gold Connect" with a daily trading volume of RMB 10 billion. Mainland investors will be able to trade gold directly in Hong Kong, which is highly efficient and convenient and greatly reduces investment costs. The industry generally believes that the “Shenzhen-Hong Kong Gold Connect” could help the Chinese market better go international and increase its pricing power.
As the first batch of brokers stationed in Qianhai, Acetop Precious Metals Limited will firmly seize this opportunity to promote the development of gold industry in both places with high-quality, fair and transparent financial investment services. The investment rebates with a maximum amount of USD20 per lot and the industry’s premier “Acetop Live Room” will also closely follow the policies and market requirements to help clients seize every profitable opportunity.
President Dr. Haywood Cheung revealed that the Qianhai Free Trade Zone will build a gold and silver bonded warehouse and settlement center with a capacity of 1,500 tons, and the next step is to establish a similar type of gold trading relationship with Dubai, Burma and Singapore in 2018 and connect countries with demand along the chain to gradually promote gold products denominated in RMB.
For a long time, Acetop has been deeply aware of the important mission shouldered. As the No. 145 type AA member, Acetop Precious Metals Limited will also follow the pace of the CGSE, embracing the policy of the national financial market reform and opening up, and grasping the “Belt and Road” initiative and the internationalization of RMB to provide investors with an international trading experience and help Chinese gold market establish a "pricing position" in the world.