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LME Hong Kong Warehouses Expand to 15 From 4, Near Capacity Saturation

GateNews

2026-05-13 04:04:12

According to Hong Kong Exchanges and Clearing CEO Vera Chen, the London Metal Exchange’s approved warehouses in Hong Kong have expanded from 4 to 15 since last year, with storage capacity approaching saturation. Chen stated during an LME Asia Week seminar that the expansion represents a significant milestone in establishing physical market connectivity. LME and Hong Kong Exchanges plan to explore additional collaboration, including futures and renminbi-denominated products, to build a comprehensive commodities ecosystem in Asia.

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