Changes in Hong Kong stocks | Yabo Technology Holdings (08279) rose more than 6%. HKF's new trading system is expected to be put into trial operation in the first quarter of 2027

The Zhitong Finance App learned that Abo Technology Holdings (08279) rose more than 6%. As of press release, it had risen 5.17% to HK$1.525, with a turnover of HK$357.16,500.

According to news, Hong Kong Gold Exchange Trading System Limited (HKGXTS) announced its formal establishment in Hong Kong on August 18. The company said it will focus on the construction of Hong Kong's gold trading system and related fintech infrastructure, and work with technology partners such as Hang Seng Electronics Co., Ltd. and Alibaba Cloud to jointly build a secure, stable, efficient and internationalized gold trading technology and clearing platform.

HKGXTS Chairman Zhang Dexi said that Hong Kong is actively promoting the construction of an international gold trading center, improving infrastructure related to the gold market, and expects the new system to be tested in the first quarter of 2027. The first phase will integrate all of HKGX's existing products, transactions, settlement, clearing and services into the system platform, and then introduce other related electronic services, including peripheral services related to gold tokenization.