China's two major gold exchanges
1, Shanghai Gold Exchange (SGE): the only comprehensive gold exchange in China.
As the only comprehensive gold exchange in China, the Shanghai Gold Exchange was established by the People's Bank of China with the approval of the State Council and registered with the State Administration for Industry and Commerce. It is the only state-level market in China that legally deals in gold. It organizes gold trading in accordance with the principles of openness, fairness, justice, honesty and credit, and is a non-profit-making enterprise legal person with self-discipline management. Established in 2002, Shanghai Gold Exchange is supervised by China Securities Regulatory Commission. The exchange offers a variety of gold trading tools, including spot gold, T+D gold and gold futures. In addition, SGE has also established an online gold trading platform to facilitate investors to conduct electronic gold trading.
2. China Gold and Silver Exchange Society Golden Elephant International: It is a trading place for precious metals such as gold and silver in Hong Kong.
China Gold and Silver Exchange Society, founded in 19 10, is a trading place for precious metals such as gold and silver in Hongkong. Lovgold.com Golden Elephant International is a global financial service organization. As a dealer of AA license in the gold and silver exchange, Golden Elephant International is the highest-level authoritative certified electronic dealer. Provide a fair and transparent investment platform, all products are quoted with the most authoritative data, and each quotation can be queried historically. 0. 1 lot or more single transaction can provide transaction code, which can be inquired by the gold and silver trading market to ensure fair and transparent data quotation. The trading hall of China Gold and Silver Exchange is located on the third floor of William Thomas Mercer Street 12- 18 Gold and Silver Commercial Building in Sheung Wan. At present, the fair has 17 1 members and can be operated in the form of sole proprietorship, partnership or limited company.
The two major gold exchanges are interconnected. On July 15 and 10, Shanghai Gold Exchange and China Gold and Silver Exchange Society held the opening ceremony of Shanghai-Hong Kong Stock Connect. Relevant persons from domestic and foreign government departments, gold market regulators, international organizations, commercial banks, gold-producing enterprises and investment institutions attended the ceremony, witnessing an important scene in the history of gold market development in China and Hongkong.
As an important measure to open the domestic gold market to the outside world, it is also a successful pilot to cooperate with the gold exchange to introduce overseas trading markets. The opening of Shanghai-Hong Kong Stock Connect marks the two-way opening of the mainland and Hong Kong gold markets, introduces innovative clearing arrangements of overseas settlement banks, and effectively realizes the interconnection of domestic and foreign gold markets. This will not only benefit the respective development of the mainland and Hong Kong markets, but also promote the further integration and development of the two markets, and effectively enhance the global competitiveness, influence and voice of the China gold market.