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Addentax Group ( (ATXG) ) just unveiled an announcement.
On February 11, 2026, Addentax Group Corp. announced it had entered late-stage negotiations to acquire a Hong Kong–based licensed digital lending platform founded in 2016, which serves more than 30,000 customers annually and has historically approved loans exceeding HK$2 billion. The proposed deal would give Addentax regulated lending operations in Hong Kong, AI-driven credit assessment technology, digital origination capabilities, and experience in digital asset–related risk initiatives, potentially expanding its footprint in the Asia-Pacific digital finance sector and strengthening its broader financial technology capabilities.
The Hong Kong platform operates under the city’s Money Lenders Ordinance and provides consumer and SME financing through technology-enabled channels. By leveraging the target’s licensing framework, infrastructure, and local market expertise, Addentax aims to enhance its operational presence in Hong Kong and position itself to pursue broader regional opportunities in digital finance, though the transaction remains subject to completion and regulatory considerations.
More about Addentax Group
Addentax Group Corp. is an integrated service provider specializing in garment manufacturing and logistics services. Listed on Nasdaq under the ticker ATXG, the company traditionally operates in the apparel and supply-chain sectors, and is now exploring expansion into technology-enabled financial services, indicating a diversification beyond its core manufacturing and logistics base.
Average Trading Volume: 423,008
Technical Sentiment Signal: Sell
Current Market Cap: $3.85M
Find detailed analytics on ATXG stock on TipRanks’ Stock Analysis page.