Addentax Group to Acquire AI-empowered Asset Management Platform for HKD 300 Mln in Revenue.
ByAinvest
Friday, Feb 6, 2026 9:18 am ET1min read
ATXG--
• Addentax Group Corp. to acquire Riches Group's offshore wealth management business. • Potential to generate approximately HKD 300 million in revenue. • Acquisition to support global expansion strategy. • Integration of Riches Group's AI-enabled financial solutions and digital currency/crypto services. • Preliminary estimates suggest the deal will close in Q2 2026. • Addentax Group Corp. expects the acquisition to be accretive in the first year after completion.
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