Hong Kong Gold Exchange Taps Tech Strength in Joint Venture to Power Gold Settlement The announcement of the joint venture between the Hong Kong Gold Exchange (HKGX) and TGX Technology has sent ripples through the financial world, as the city seeks to expand its presence in the global gold market.
This move is a deliberate attempt by Hong Kong to position itself as a major player in gold trading.
Hong Kong's gold market has been growing steadily over the years, driven by the city's unique blend of East and West, financial sophistication, and relatively low regulatory burden.