This is a direct swipe at the global metals market status quo currently dominated by the COMEX and London Metals Exchange (LME), which transacts $13.5 TRILLION worth of metals annually. Together with the Shanghai Metals Exchange, China stands to take a BIG bite out of this exclusive club.
$Cboe/COMEX Gold Volatility Index (.GVX.US)$ $CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW SANG SANG (00116.HK)$

Hong Kong will roll out several measures with the aim of becoming an international trading center for gold and other commodities, Financial Secretary Paul Chan wrote in his blog Sunday.
Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
$CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW TAI FOOK (01929.HK)$ $CHOW SANG SANG (00116.HK)$ $ZIJIN MINING (02899.HK)$ $MMG (01208.HK)$ $CHINAHONGQIAO (01378.HK)$ $CHINA TOWER (00788.HK)$ $Golden Minerals (AUMN.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$

$BOSSINI INT'L (00592.HK)$  wah， so bad

$CHOW TAI FOOK (01929.HK)$ I was in Shanghai Global Harbour Mall last week, out of more than 10 jewellery stores. CTF is the only store with customer. I think even with this challenging economic environment, CTF reputation will still be a big diffrentiator for them to thrive.