[Hong Kong Stock Exchange: More RMB-denominated precious metals and other commodity investment products will be launched in succession] On September 23, Yu Xueqin, Managing Director and Head of Markets of the Hong Kong Stock Exchange, said that the Hong Kong Monetary Authority and the Securities and Futures Commission jointly formulated a roadmap for the development of fixed income and money markets last year, and many of the details were implemented by the Hong Kong Stock Exchange. He mentioned that the 5-year treasury bond futures were launched in August this year. The number of open contracts increased from about 900 contracts in the first week of launch to nearly 3,000 contracts currently, attracting market participants from the Middle East, Europe, America, Southeast Asia and other places, reflecting that it is a direction worthy of development. He revealed at the Financial Market Summit that gold futures contracts denominated in RMB and settled in Hong Kong are expected to be launched early next year, and more investment products in precious metals and other commodities denominated in RMB will be launched to enrich the selection of RMB-denominated assets. (RTHK website)