The meeti g was chai ed by HKGXTS Chai ma D . Haywood Cheu g. Atte dees i cluded HKGXTS Chief Executive Office a d Di ecto Su Ho; HKGXTS Chief P oduct a d Tech ology Office a d Di ecto Gavi Zhao; HKGXTS Di ecto He y Cha ; HKGXTS Di ecto B ia Fu g; HKGXTS Di ecto Che Ji; Executive P eside t of Hu dsu Tech ologies Gua Xiaola ; Ge e al Ma age of Hu dsu Digital I tellige ce Tech ology Co., Ltd. Ka Xiaohui; a d Etha Yua , Vice P eside t of I te atio al Busi ess a d Regio al Ge e al Ma age of APAC No th a d ANZ, Alibaba Cloud I tellige ce G oup. The pa ticipa ts discussed HKGXTS’ developme t oadmap, the t adi g a d clea i g system’s developme t p og ess, a d tech ical collabo atio .
Captio : G oup photo of D . Haywood Cheu g, Chai ma of HKGXTS (3 d f om ight); Su Ho, Chief Executive Office a d Di ecto at HKGXTS (3 d f om left); Gavi Zhao, Chief P oduct a d Tech ology Office a d Di ecto at HKGXTS (2 d f om left); He y Cha , Di ecto at HKGXTS (2 d f om ight); B ia Fu g, Di ecto at HKGXTS (1st o ight); Che Ji, Di ecto at HKGXTS (1st o left).
Du i g the meeti g, HKGXTS Chai ma D . Haywood Cheu g said, “Ho g Ko g is actively adva ci g the developme t of a i te atio al gold t adi g ce te a d st e gthe i g the i f ast uctu e to suppo t the gold ma ket. The establishme t of HKGXTS ep ese ts a impo ta t step fo wa d i e ha ci g Ho g Ko g’s gold t adi g i f ast uctu e, a d we expect the ew system to comme ce pilot ope atio s i the fi st qua te of 2027. I its i itial phase, the system will i teg ate HKGX’s existi g p oducts, t adi g, settleme t, clea i g, a d elated se vices i to a u ified platfo m. Othe elated digital se vices will be late i t oduced, i cludi g those suppo ti g gold toke isatio . The system will fu the embody the “Fi a ce+ Web3 + AI ” co cept, t a sfo mi g t aditio al physical gold i to a mo e dive sified, flexible, a d value-e ha ci g asset.”
Su Ho, HKGXTS Chief Executive Office a d Di ecto , said, “Built o physical gold delive y capabilities, HKGXTS seeks to establish a multi-tie bullio t adi g a d i vestme t platfo m. We will p og essively expa d its exte ded-hou elect o ic t adi g capabilities to se ve i dust y clie ts a d i te atio al i stitutio s. The compa y will also leve age its fi a cial tech ology to e ha ce t adi g efficie cy, educe t a sactio a d settleme t costs, a d suppo t multi-cu e cy p ici g a d settleme t. U de the policy guida ce of the Ho g Ko g SAR Gove me t to develop Ho g Ko g i to a i te atio al gold t adi g ce te , HKGXTS will actively suppo t the developme t of Ho g Ko g’s gold ma ket i f ast uctu e, assess the feasibility of i teg ati g with ce t al clea i g a d egulato y systems, a d co t ibute to the sustai ed g owth of Ho g Ko g’s gold i dust y.”
Gavi Zhao, HKGXTS Chief P oduct a d Tech ology Office a d Di ecto , also explai ed that this co e platfo m upg ade ep ese ts ot just a tech ical system update but a fou datio al capability build-out fo the lo g-te m developme t of Ho g Ko g’s gold ma ket. Cu e tly, the upg ade of the HKGX physical gold co e platfo m is p og essi g steadily i li e with the established oadmap. The fi st phase will focus o i teg ati g HKGX’s existi g p oducts, t adi g, clea i g, settleme t, a d elated se vices to e su e a smooth t a sitio . Buildi g o the physical gold t adi g co e platfo m, a d i alig me t with ma ket developme t, egulato y equi eme ts, a d pa t e ship co ditio s, HKGXTS will g adually explo e a eas such as i te atio al ma ket access, digital gold eal-wo ld assets (RWAs), a d c oss-ma ket expa sio . These effo ts will fu the e ha ce the platfo m’s secu ity, flexibility, a d scalability.
The p oject’s tech ological collabo atio taps i to the sy e gistic expe tise of the pa ticipati g pa ties, with TGX ove seei g ove all desig a d p oject gove a ce, Hu dsu Tech ologies suppo ti g the co e system’s delive y, a d Alibaba Cloud p ovidi g the cloud tech ology a d futu e AI capabilities. Gua Xiaola , Executive P eside t of Hu dsu Tech ologies, highlighted the platfo m’s capabilities i espect to its system stability, secu ity, a d i te atio al applicatio s. Hu dsu Tech ologies will leve age its fi tech a d t adi g systems expe tise as well as the exte sive fi a cial systems impleme tatio k ow-how of its wholly-ow ed subsidia y Hu dsu Digital I tellige ce Tech ology to suppo t the developme t of HKGXTS’ co e system.
Etha Yua , Vice P eside t of I te atio al Busi ess a d Regio al Ge e al Ma age of APAC No th a d ANZ, Alibaba Cloud I tellige ce G oup, detailed Alibaba Cloud’s suppo t fo HKGXTS. He oted that Alibaba Cloud will p ovide tech ical suppo t i a eas such as cloud computi g a d digital i f ast uctu e, helpi g to build a secu e, stable, a d scalable fou datio . Hu dsu Tech ologies a d Alibaba Cloud will lea o thei espective st e gths to wo k alo gside HKGXTS i adva ci g the developme t of the gold t adi g system.
As the developme t of the co e t adi g platfo m p og esses, HKGXTS will co ti ue to e ha ce the i f ast uctu e e abli g t adi g, clea i g, settleme t, a d ma ket ope atio s i Ho g Ko g’s gold ma ket. I alig me t with the developme t pla s of the Ho g Ko g Gove me t a d eleva t fi a cial i f ast uctu e bodies, HKGXTS will st e gthe its eadi ess ac oss a eas i cludi g systems, tech ology, a d complia ce. As co ditio s matu e, HKGXTS will actively explo e sta da dized co ectivity with i f ast uctu e i cludi g the ba ki g system, clea i g platfo ms, a d egulato y epo ti g systems, p ovidi g the tech ological fou datio fo Ho g Ko g’s developme t i to a i te atio al gold t adi g ce te a d co t ibuti g to the lo g-te m g owth of its gold t adi g ma ket.
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