Paul Chan: Gold is an important part of the financial ecosystem; the HKMA is studying increasing its gold holdings.

Zhito Finance APP has learned that Hong Kong Financial Secretary Paul Chan Mo-po said that the Hong Kong Monetary Authority's Exchange Fund has two responsibilities: one is to maintain Hong Kong's financial stability and defend the Hong Kong dollar, and the other is to promote Hong Kong's development into an international financial center. Gold is a very important part of the financial ecosystem, so after considering all factors, the Hong Kong Monetary Authority is studying increasing its gold holdings. As for the specific amount of holdings, Chan Mo-po said that too many details cannot be disclosed at present.