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LME Expands Hong Kong Warehouse Network to 15 Facilities Since Last Year, Storage Nearing Capacity

2026-05-09 03:52:06

According to Hong Kong Exchanges and Clearing CEO Edith Lam, the London Metal Exchange (LME) has expanded its warehouse network in Hong Kong from 4 to 15 facilities since last year, with storage capacity now approaching saturation.

The LME and Hong Kong Exchanges are exploring further collaboration, including futures contracts and products denominated in Chinese yuan, to establish a comprehensive commodities ecosystem across Asia.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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