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Invest Hong Kong announced that MKS PAMP -- a global Swiss precious metals firm -- inaugurated its new regional headquarters in Hong Kong.
Leveraging the city's position as a premier international gold trading center to expand its footprint in the Asia-Pacific region, the firm maintained a substantial presence in Hong Kong for many years with established offices and deep client relationships in the area.
The inauguration of its new regional headquarters in the Central district on Thursday (Oct 30) represents an important expansion of the company's regional footprint.
It noted that the strategic development elevates Hong Kong to the status of one of the company's three global trading hubs -- alongside Geneva and New York -- to provide seamless, round-the-clock coverage across all major time zones and to its regional clientele.
"This decision not only reinforces the city's status as a leading international financial center but also aligns with the Government's ongoing efforts to promote the city as an international hub for gold trading," said the acting director-general of Investment Promotion of InvestHK Loretta Lee Chuk-ching. "MKS PAMP's expansion is a testament to Hong Kong's attractiveness as a destination for global businesses seeking to grow in the Asia-Pacific region."
The chief executive officer of MKS PAMP James Emmett said they see Hong Kong "not only as a vital link to the Chinese Mainland's gold market but also its position at the nexus of Asia Pacific's precious metals market."
He said the Hong Kong headquarters will serve as the regional hub for the company's comprehensive suite of precious metals trading and financial services. Core functions based here will include regional sales and client relationship management, precious metals trading, treasury activities, and operational support.
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