Addentax Group Corp. is planning to acquire the offshore wealth management and integrated cross-border service business of Hong Kong-based Riches Group. The proposed deal aims to integrate Riches Group’s global asset allocation, AI-powered financial solutions, and crypto-enabled services with Addentax’s expanding global platform. If completed, the acquisition is expected to generate approximately HKD 300 million in annualized revenue and will provide access to a diversified suite of services, including private banking, fund custody, global fixed-income products, offshore insurance, and cross-border lifestyle offerings such as international education and investment residency. Riches Group has historically served high-net-worth clients across multiple jurisdictions, handling monthly transaction volumes exceeding HKD 100 million and supporting over 1,000 high-net-worth families and more than 10,000 households worldwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Addentax Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-005462), on February 06, 2026, and is solely responsible for the information contained therein.