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Hong Kong Gold Exchange and TGX Technology have formed a joint venture to collaborate with Alibaba Cloud and Hundsun Technologies in building a gold trading and clearing platform, aiming to promote Hong Kong as a gold trading hub.
Hong Kong Gold Exchange (HKGX) and TGX Technology have formed a joint venture to establish a secure, stable, and internationally competitive gold trading and clearing platform. According to a statement released on Tuesday, the platform, named the Hong Kong Gold Exchange Trading System (HKGXTS), will leverage technology partners including Alibaba Cloud (TGX Technology's backer) and Hundsun Technologies. This move is part of Hong Kong's commitment to becoming a gold trading hub.
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