Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

LME Hong Kong Warehouses Expand to 15 From 4, Near Capacity Saturation

GateNews
Commodities

According to Hong Kong Exchanges and Clearing CEO Vera Chen, the London Metal Exchange’s approved warehouses in Hong Kong have expanded from 4 to 15 since last year, with storage capacity approaching saturation. Chen stated during an LME Asia Week seminar that the expansion represents a significant milestone in establishing physical market connectivity. LME and Hong Kong Exchanges plan to explore additional collaboration, including futures and renminbi-denominated products, to build a comprehensive commodities ecosystem in Asia.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-12 07:10
Shanghai Futures Exchange Energy Warehouses See Mixed Changes on May 12; Asphalt Stockpiles Up 9,430 Tons
05-11 23:19
China's Aluminum Exports Surge Since Late March, Inventory Depletion Expected to Accelerate in May
05-11 03:55
LME's Hong Kong Warehouse Network Expands to 15 Facilities, Storage Capacity Nearing Saturation
05-10 03:52
LME's Hong Kong Warehouses Expand to 15, Up From 4 a Year Ago, as Storage Capacity Nears Saturation
05-09 03:52
LME Expands Hong Kong Warehouse Network to 15 Facilities Since Last Year, Storage Nearing Capacity
In-Depth Analysis

BNB Chain RWA TVL on-chain breaks $4 billion, doubling in half a year

Market Whisper05-13 01:42

Marex Launches Global Relative Value Trading Desk Across Four Hubs

Crypto Frontier05-12 17:52

Tom Lee: Ethereum supply is in a “deflationary” state; Bitmine intentionally slowed its accumulation

Market Whisper05-12 02:45
Comment
0/400
No comments