Hong Kong Stock Anomaly | Yabo Technology Holdings(08279) surges over 32% Recently, its subsidiary TGX signed a technical service agreement with the Hong Kong Gold Exchange

Tongtong Finance APP has learned that Yabo Technology Holdings (08279) surged over 32%. As of the time of writing, it increased by 32.14%, trading at HKD 0.37, with a turnover of HKD 11.3934 million.

In terms of news, recently, Yabo Technology Holdings announced that its subsidiary TGX Technology Limited (TGX) has entered into a technical service agreement with the Hong Kong Gold Trading Centre Limited. Under this agreement, TGX is required to provide certain technical services to the Hong Kong Gold Trading Centre. According to the agreement, TGX will design, develop, operate, and maintain a secure and stable electronic trading, clearing, and settlement platform, as well as related service platforms (core platforms), and provide related technical consulting, system support, and innovative services for the Hong Kong Gold Trading Centre, its users, and other clients.

The board believes that as a comprehensive financial technology group, entering into this agreement will help the group leverage its professional advantages, effectively integrate cooperative resources, promote the development of an internationally leading precious metals trading platform system, and further expand the group’s service scope into the precious metals field, achieving diversification and value enhancement.

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