Hong Kong's Financial Services and the Treasury Bureau reported that Secretary for Financial Services and the Treasury Christopher Hui met the Central Bank of Uzbekistan, the Tashkent Stock Exchange and a senior presidential adviser in Tashkent to explore financial collaboration. The discussions centred on using gold as an initial area for cooperation, positioning Hong Kong as a venue for Uzbek equity and bond fundraising, including Renminbi financing, and beginning negotiations on a Comprehensive Avoidance of Double Taxation Agreement. In meetings with the central bank, Hui highlighted Hong Kong's work to build a gold trading market aligned with international markets, including a gold central clearing system planned for trial operations in 2026 and a target to raise gold storage capacity above 2,000 tonnes within three years. He also pointed to the Airport Authority of Hong Kong's warehouse expansion to a 1,000 tonne scale. At the Tashkent Stock Exchange, he noted that the Hong Kong Stock Exchange recognises 20 overseas stock exchanges and invited Uzbek companies to use Hong Kong for equity and bond issuance, including Renminbi bonds for trade settlement and other Renminbi-related transactions.
Financial Services and the Treasury Bureau (Hong Kong) 2026-05-07
Hong Kong Financial Services and the Treasury Bureau explores financial cooperation with Uzbekistan on gold trading capital raising and tax treaty talks
The Financial Services and the Treasury Bureau (Hong Kong) reported that Secretary Christopher Hui met the Central Bank of Uzbekistan, the Tashkent Stock Exchange and a senior presidential adviser in Tashkent to explore financial collaboration focused on gold, Hong Kong fundraising for Uzbek issuers and a Comprehensive Avoidance of Double Taxation Agreement. Hui highlighted Hong Kong’s plans for an internationally aligned gold trading market with a central clearing system targeted for trial in 2026, expanded gold storage capacity above 2,000 tonnes within three years, and invited Uzbek companies to list and issue equity and bonds in Hong Kong.