Hong Kong jewellery mission to Singapore touts trade hub role, growth
Hong Kong's trade office in Singapore co-hosted a business lunch for a jewellery delegation visiting via the Trade Connect platform. Officials highlighted record export growth, the city's role as a trade hub, and plans for a gold clearing system by Q1 2027.
Hong Kong’s Economic and Trade Office in Singapore co-hosted a business networking lunch on 11 November for a jewellery industry delegation visiting the city-state through the government’s “Trade Connect” platform. The lunch brought together about 80 business leaders, industry representatives and buyers from Hong Kong and Singapore.
In her speech, Office Director Polly Hung highlighted Hong Kong’s advantages as an international jewellery trading hub. She said Hong Kong plays the roles of “super-connector” and “super-value-adder” linking mainland China with overseas markets under the “one country, two systems” framework.
Hung noted that in the first eight months of 2026, Hong Kong’s exports of jewellery, goldware and silverware rose more than 47 per cent year on year to US$31 billion, while imports of jewellery rose more than 50 per cent to US$40 billion. Two international jewellery fairs held in Hong Kong attracted about 4,000 exhibitors from over 40 countries and regions.
She also introduced Hong Kong’s first five-year economic and social development plan (2026–2030), published in September 2026, and the 2026 policy address by the city’s chief executive. The five-year plan sets out a roadmap to consolidate Hong Kong’s core strengths and advance its development as the “four centres and one highland” – an international financial centre, shipping hub, trade centre, aviation hub, innovation and technology hub, and a global high-end talent pool.
Hung said Hong Kong is accelerating the development of an international gold trading market and building a comprehensive jewellery and precious-metals industry ecosystem. Measures include the formal launch of a gold central clearing and settlement system in the first quarter of 2027, and strengthening cross-border connectivity with the Shanghai Gold Exchange. Hong Kong is also setting up a gold hotline to provide one-stop support for overseas gold traders, expanding gold storage capacity and upgrading refining capabilities.
The lunch included a panel discussion on jewellery market trends and cooperation opportunities between Hong Kong and Singapore. After the lunch, the delegation held one-on-one business matching meetings with local buyers.
The Hong Kong Trade Development Council led a delegation of 25 jewellery industry representatives on a visit to Singapore from 10 to 13 November to exchange views with local industry players, learn about market trends and explore business opportunities.
