HK Stock Market Move | AGTECH HOLDINGS (08279) surges over 30% again, Hong Kong races towards the International Gold Exchange Center, providing technical services to the Hong Kong Gold Exchange.

AGTECH HOLDINGS (08279) has risen by over 30%, and the stock price has doubled after the holiday. As of the time of writing, it has risen by 27.63% to 0.485 Hong Kong dollars, with a total turnover of 30.7286 million Hong Kong dollars. On the news front, Chester Chan, Deputy Secretary for Financial Services and the Treasury Bureau of the Hong Kong Special Administrative Region Government, stated at the Chinese New Year Gold Launch Day and the 2026 Lunar New Year Market Opening Ceremony at the Hong Kong Gold Exchange that the government is actively promoting Hong Kong to become an international gold trading center to further diversify the city's international financial services. Chan said that the government aims to surpass 2,000 tons in three years to expand Hong Kong's gold storage capacity, making Hong Kong a regional gold reserve hub. In terms of promoting commodity trading, there are currently 15 London Metal Exchange-approved warehouses operating in Hong Kong. The Hong Kong Stock Exchange will also deepen its connections and development with the Guangzhou Futures Exchange and other mainland commodity markets. It is worth noting that AGTECH HOLDINGS has announced that its subsidiary, TGX, has entered into a technical services agreement with the Hong Kong Gold Exchange Limited. Under the agreement, TGX will design, develop, operate, and maintain a secure and stable electronic trading, clearing and settlement, and related services platform (core platform) for the Gold Exchange, its users, and other clients, and provide related technical consultancy, system support, and innovation services.