AGTech Collaborates with HKGX to Enhance Hong Kong's Gold Trading Infrastructure

The Hong Kong Gold Exchange (HKGX) commenced its Chinese New Year market with notable attendance from financial and technology leaders, including representatives of AGTech Holdings Limited, supported by Alibaba Group. This event marks a significant step towards positioning Hong Kong as a pivotal international gold trading center.

Hong Kong's government emphasizes its dedication to attracting international financial services, particularly in gold trading. With initiatives to store, clear, and settle spot gold, the city aims to boost the related industrial chain in investment trading and logistics.

AGTech, partnering with HKGX, aims to develop an international trading platform incorporating digital finance innovations. This includes spot and futures trading, digital gold, and a comprehensive settlement system designed to increase market efficiency and accessibility.

This platform is expected to enhance Hong Kong’s competitiveness globally, linking Eastern and Western gold markets and integrating more participants into the ecosystem.