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Story summary
- Hong Kong Gold Exchange (HKGX) and TGX Technology (TGX) launched a joint venture to build the Hong Kong Gold Exchange Trading System (HKGXTS).
- Pilot operations will begin in Q1 2027, with phase one merging existing HKGX products into one system.
- Alibaba Cloud will provide cloud computing and future AI support for HKGXTS.
- Sun Ho, chief executive officer of HKGXTS, said later phases will add digital services such as gold tokenisation.
