LME Approves Addition of Three More Warehousing Facilities in Hong Kong, Bringing Total to Seven

Published: May 21, 2025 13:15

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On May 21 (Wednesday), Bonnie Y Chan, Chief Executive Officer (CEO) of Hong Kong Exchanges and Clearing Limited (HKEX), stated that the London Metal Exchange (LME) had approved the establishment of three additional warehousing facilities in Hong Kong, bringing the total number of warehousing facilities in Hong Kong to seven.

Since HKEX acquired LME in 2012, a strategic objective has been to approve the establishment of warehouses in China for storing metals traded on LME.

After more than a year of efforts, LME approved the establishment of warehousing facilities in Hong Kong for the first time this January. The first batch of four warehousing facilities will commence operations in July.

The London Metal Exchange previously announced that it had approved four LME-approved warehousing facilities located in Hong Kong. Prior to this, LME had approved Hong Kong as an LME delivery location on January 20, 2025.

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