[Hong Kong Exchange Managing Director Ba Shusong: The global market value of gold has surpassed $27 trillion, becoming the world's second-largest reserve asset] Jin10 Data, October 22 – The 2025 Hong Kong Exchange China Opportunity Forum was held in Shanghai on October 22. Ba Shusong, Managing Director and Chief China Economist of the Hong Kong Exchange, stated that the rapid growth of global debt is unsustainable, and traditional safe assets are being redefined. The rise in gold and Bitcoin prices reflects deep concerns over the declining purchasing power of fiat currencies and is closely related to the process of de-dollarization. The share of the U.S. dollar in global reserves has dropped from 60% in 2000 to 41% in 2025. Currently, the global market value of gold has surpassed $27 trillion, becoming the world's second-largest reserve asset.