Published On: Mon, Sep 22nd, 2014

Shanghai Gold Exchange International Board Successfully Put Into Operation

The Launch Ceremony of Shanghai Gold Exchange International Board was held in the evening of September 18. Zhou Xiaochuan, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference and Governor of the People’s Bank of China, and Yang Xiong, Mayor of Shanghai, co-launched the International Board and delivered a speech respectively. Deputy Governor of the People’s Bank of China Liu Shiyu and Vice Mayor of Shanghai Ai Baojun, jointly unveil the plaque of Shanghai International Gold Exchange. The Launch Ceremony was presided over by Xu Luode, Chairman of SGE, and witnessed by the officials of the People’s Bank of China and the Shanghai Municipal Government, as well as delegates of the SGE’s domestic and international members and associated institutions.

At the ceremony site, the first transactions of the International Board were concluded by MKS (Switzerland), HSBC, BOC, ICBC and BOCOM. This marks a substantial step forward in China’s opening of gold market, where Shanghai Gold has officially gone global.

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