The Chinese Gold and Silver Exchange Society: Most Active London Gold/Silver Trader Awards 2013/14

2014-10-30 11:31:50 | 1417

On September 15, The Chinese Gold and Silver Exchange Society (CGSE) held the "CGSE Most Active London Gold/Silver Dealer Awards 2013/14" at the Bloomberg Hong Kong headquarters. The ceremony was officiated by Dr. Haywood Cheung, Chairman of the CGSE, and the Board of Directors and Supervisory Committee. Guests of honor included Mr. Yang Yi, Deputy Director-General of the Economic Affairs Department of the Liaison Office of the Central Peoples Government (LOCPG) and Head of the Trade Office; Mr. Zhang Xialing, Deputy Director-General of the Economic Affairs Department of the LOCPG; Mr. He Zijun, Deputy Director of the Qianhai Authority; and Director Liu Xiao. The event aimed to commend ten outstanding member firms for their contributions to the industry and to thank the team of consultants and committee members for their efforts in the Qianhai project.

During the ceremony, Dr. Haywood Cheung stated that as one of the worlds three major gold markets, Hong Kong possesses a superior geographical location and a long-standing exchange, earning a prestigious reputation for the gold and silver markets. Based in Hong Kong with over a century of history, the CGSE actively promotes its members brands. Since last year, the list of "Most Active London Gold/Silver Dealers" has been published monthly on its website and in two major Hong Kong newspapers. The purpose of these awards is to commend members while enabling their achievements to be recognized by the wider community.

Last year, a group of recognized member firms gained a deeper understanding of their business advantages through the CGSE’s commendation. These awards help regional investors identify active dealers, benefiting both the firms business and the reputation of the CGSE. Dr. Cheung expressed hope that active dealers would continue to improve while others could learn from the award-winning companies strengths. This fosters healthy competition, encourages standardized growth, and expands the overall market.

Dr. Cheung noted that the daily transaction volume on the CGSE electronic platform is nearly HKD 100 billion, to which the "Top 10 Most Active Gold/Silver Dealers" have significantly contributed. He expressed confidence that these firms will continue to support the Qianhai project and be among the first batch of enterprises to enter Qianhai.

Mr. He Zijun, Deputy Director of the Qianhai Authority and Leader of the Qianhai Precious Metals Development Interest Group, remarked that the CGSE plays a vital role in the international precious metals market and is recognized as one of the "Ten Exemplary Hong Kong Enterprises in Qianhai," representing the fruits of "Shenzhen-Hong Kong Cooperation." As Qianhai aims to become an international financial hub, currency and precious metals must circulate. The CGSE’s presence in Qianhai and the introduction of the "CGSE Qianhai Precious Metals Trading, Logistics, and Verification Center" will serve as a demonstration model for attracting high-end financial services for SMEs.

List of CGSE Top Ten Most Active London Gold/Silver Dealer Awards 2013/14 (In no particular order):