Core Viewpoint - The Hong Kong Gold Exchange (HKGE) is collaborating with Alibaba's subsidiary, Yabo Technology, to develop an international precious metals trading platform and settlement system, including blockchain for digital commodities [1] Group 1: Collaboration and Development - HKGE and Yabo Technology will work on a platform that encompasses spot and futures trading, digital gold, B2C transactions, and an OTC clearing center [1] - The collaboration aims to unify risk management and regulatory oversight across all systems involved [1] Group 2: Institutional Governance and Transparency - Over the past year, HKGE has optimized its institutional governance and increased transparency for institutions [1] - The exchange has actively engaged with international financial institutions, gold merchants, and e-commerce platforms, meeting with over 30 international gold companies in recent months to discuss cooperation and membership opportunities [1]