Gold Fever in Hong Kong: A Shift in the Market's Balance The recent 18% decline in Hong Kong's gold imports may seem counterintuitive, given the city's rising status as Asia's premier hub for bullion trade.
However, a closer look reveals a more complex narrative unfolding – one of strategic planning by mainland giants seeking to capitalize on Hong Kong's ambitions. In July, shipments dropped to HK$114. 71 billion (US$14.
63 billion), but this decrease should not be taken as an indication that investors are losing faith in gold.