SF Holding Co, China’s largest express-delivery firm, will open a gold vault in Hong Kong in October 2026 within its airport complex, the company announced [1, 2].
The vault will feature two sections: safe-deposit boxes for high-value assets and a storage area primarily for precious metals. It will have a storage capacity of between 50 and 100 tons of metals [1, 2].
Hong Kong is positioning itself as a major precious-metals trading hub. It plans to launch a central clearing system for physical gold trading in 2026. The city aims to expand vault capacity to 2,000 tonnes over the next three years and attract central banks to store bullion there [2].
SF Holding is already a certified logistics provider for the Shanghai Gold Exchange. It serves jewelry chains and mining companies across mainland China [2]. In Hong Kong, the company partners with a warehouse approved by the London Metal Exchange for storing base metals such as copper [2].
However, SF Holding is not yet a member of the London Bullion Market Association, a credential that some dealers and banks require for selecting logistics partners in precious metals [2]. The current market for precious metals logistics is dominated by Brink’s Global Services, Malca-Amit Group, and Loomis AB [2].
SF Holding did not respond to requests for comment on the vault plans [2].
The vault's planned opening in October 2026 marks a significant step as Hong Kong seeks to expand its role in precious metals storage and trading. Meanwhile, the city’s broader infrastructure build-out for the sector continues, including its central gold clearing system scheduled for launch this year [2].
