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Addentax Group ( (ATXG) ) has issued an announcement.
On February 6, 2026, Shenzhen-based Addentax Group Corp. announced a proposed strategic acquisition of the offshore wealth management and integrated cross-border service business of Hong Kong’s Riches Group, a move that would extend the company well beyond its core garment manufacturing, logistics, and property management activities into global fintech and high-net-worth financial services. If completed, the deal would give Addentax access to Riches Group’s diversified ecosystem—spanning global wealth management, cross-border lifestyle, corporate and fiduciary services, AI-enabled advisory tools, and regulated digital asset capabilities—along with a high-net-worth client base, over 4,000 advisors, and an international institutional network; the company estimates the acquired business could generate around HKD 300 million in annualized revenue and significantly strengthen its presence in high-growth markets across Southeast Asia, Europe, and North America.
More about Addentax Group
Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing, leveraging its Nasdaq listing to support access to global capital markets.
Average Trading Volume: 56,581
Technical Sentiment Signal: Sell
Current Market Cap: $3.9M
See more data about ATXG stock on TipRanks’ Stock Analysis page.