AGTech to Help Build One-Stop Trading Services Platform as Hong Kong Gold Exchange Opens for the Year of the Horse

HONG KONG, HK / ACCESS Newswire / February 23, 2026 / The Hong Kong Gold Trade (HKGX) held its Chinese language New Yr market opening ceremony right now. Attendees included, Mr Joseph H. L. Chan, Underneath Secretary for Monetary Companies and the Treasury of Hong Kong SAR, Dr. Cheung Haywood, Chairman of HKGX and Mr. Gavin Zhao, Chief Product and Know-how Officer of AGTech Holdings Restricted (AGTech, HKEX inventory code: 8279) backed by Alibaba Group.

Mr Joseph H. L. Chan, Underneath Secretary for Monetary Companies and the Treasury of Hong Kong SAR, acknowledged that to additional diversify the event of worldwide monetary companies, the Hong Kong SAR Authorities is dedicated to selling Hong Kong as a global gold buying and selling centre, attracting the storage, clearing and settlement of spot gold within the metropolis, and driving the vigorous growth of the commercial chain encompassing funding buying and selling, spinoff merchandise, warehousing, insurance coverage, commerce and logistics.

In his remarks, Dr. Cheung, Chairman of HKGX mentioned that Chief Government of the Hong Kong SAR John Lee introduced within the 2024 Coverage Tackle the initiative to develop Hong Kong into a global gold buying and selling centre. To help this coverage, and to strengthen connections with the worldwide gold {industry} in commerce, transactions and logistics, HKGX has formally partnered with AGTech to develop a global treasured steel buying and selling platform, a clearing and settlement system, and a digital commodity blockchain.

Mr. Gavin Zhao, Chief Product and Know-how Officer of AGTech, mentioned: “We’re more than happy to collaborate with HKGX to collectively construct a one-stop buying and selling companies platform, leveraging our group’s deep accumulation in digital finance, internationalization help, danger administration, and platform governance. The platform will combine spot and futures buying and selling, digital gold, B2C buying and selling, a clearing and settlement centre, OTC buying and selling, membership administration, a unified danger management system, offshore and onshore RMB. That includes multi-currency pricing and settlement capabilities, multi-language help, and an open, appropriate structure design, it goals to reinforce market operational effectivity and participation comfort, in collaboration with the Hong Kong SAR Authorities,to assist Hong Kong additional consolidate its place as a global gold buying and selling centre.”

Backed by Alibaba Group, AGTech has spent years constructing out its presence in monetary know-how, with companies spanning bodily and digital banking, digital funds and a variety of monetary companies eventualities. Its Ant Financial institution (Macao) Restricted continues to advertise inclusive finance, whereas Macau Move is a number one fintech firm in Macao. AGTech has in depth expertise in know-how innovation, core-system growth and digital operations for worldwide, financial-grade platforms.

As soon as accomplished, HKGX’s buying and selling platform is predicted to ascertain a extra regulated, standardized market framework. Enhanced member oversight and the digitization of each on-exchange and over-the-counter buying and selling would help the gold {industry}’s improve and transition. As core capabilities proceed to be strengthened, the platform is predicted to help the alternate in exploring product innovation and attaining complete upgrades spanning enterprise fashions and organizational construction. The platform may even join mainland Chinese language’s gold exchanges with the worldwide gold market, aiming to draw broader participation from traders, thereby strengthening the HKGX’s place and affect within the world gold market, whereas encouraging extra ecosystem companions to collaborate in constructing a brand new gold-industry ecosystem.

The partnership is predicted to assist place Hong Kong as a global gold hub linking Japanese and Western markets by upgrading town’s gold-market digital infrastructure, and to help the event of a powerful monetary {industry} via innovation in digital finance.

SOURCE: AGTech Holdings Ltd