The Shenzhen operation center of Shanghai Gold Exchange (SGE) has finished its two-year construction phase and is expected to be officially launched early next year. The 5500-sqm building, located in the Futian district, cost RMB250 million.
Founded in 2002, the SGE is the only recognized gold exchange in China, and its Shenzhen branch will become the first in the region. It is expected to be further integrated with Hong Kong and Macau. The Shenzhen center will serve the SGE by providing data storage, gold storage and marketing services in the southern market. Small and medium-sized commercial banks will also be introduced to trade and offer other services in the exchange center.
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