SFST visits leading gold refineries in Switzerland to encourage setting up and expanding operations in Hong Kong (with photos)

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, proceeded to Ticino, Switzerland, on October 7 (Ticino time) to continue his visit after attending the Global Precious Metals Conference in Sorrento, Italy. He visited three world-leading gold refineries, namely MKS PAMP, Argor-Heraeus SA and Valcambi SA, to encourage high-end precious metals businesses and high-standard gold refining facilities to establish a presence and expand their operations in Hong Kong. The Chief Executive Officer of the Hong Kong Precious Metals Central Clearing Company Limited, Mr Bryan Chan, also joined the visit. Mr Hui first visited the MKS PAMP refinery in the morning. He met with its senior management, including the Group Chief Executive Officer, Mr Marwan Shakarchi, and the Chief Executive Officer, Mr James Emmett, followed by a tour to its vaulting facility and assay laboratory facility. MKS PAMP set up its third regional headquarters in Hong Kong last year to expand its footprint in the Asia-Pacific region through Hong Kong. During the meeting, the two parties discussed plans to leverage Hong Kong as a trading platform and further expand gold business in the region and on th

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