Hong Kong’s potential as commodities hub draws expansion by UK’s Marex Group

Quick Summary:

The establishment of London Metal Exchange warehouses in Hong Kong will be a key enabler, Marex CEO says.

Marex Group Asia-Pacific CEO Arthur Fan, pictured at his company’s new office in Central on December 5, 2024.

London Metal Exchange (LME) is also exploring a plan to authorise third-party operators to add metals warehouses in Hong Kong.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongChina

Topics: Hong Trading Coming Firm Plans Financial Commodities Group Kong Office Marex

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 07:30:15 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24423257

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