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Empowering Global Collections and Payments for Foreign Trade Enterprises

HONG KONG SAR – Media OutReach Newswire – 3 November 2026 — XTransfer, the world’s leading B2B cross-border trade payment platform, and Bank of China (Hong Kong) (“BOCHK”) are pleased to announce the signing of a cooperation agreement. The two parties will work together to expand their international business, providing one-stop cross-border financial services, including global collections, payments, and foreign exchange, for enterprises engaged in international trade in Hong Kong and around the world.

(Left to Right) Mr Martin Liu, Vice President of XTransfer, Mr Bill Deng, Founder and CEO of XTransfer, Mr Liu Chao, General Manager of the Global Corporate Banking Department of BOCHK, Ms Winnie Fan, Deputy General Manager of the Global Corporate Banking Department of BOCHK.
(Left to Right) Mr Martin Liu, Vice President of XTransfer, Mr Bill Deng, Founder and CEO of XTransfer, Mr Liu Chao, General Manager of the Global Corporate Banking Department of BOCHK, Ms Winnie Fan, Deputy General Manager of the Global Corporate Banking Department of BOCHK.

Coinciding with Hong Kong FinTech Week 2026, Mr Martin Liu, Vice President of XTransfer and Ms Winnie Fan, Deputy General Manager of the Global Corporate Banking Department of BOCHK, officially signed the cooperation agreement at the XTransfer booth, witnessed by Mr Bill Deng, Founder and CEO of XTransfer and Mr Liu Chao, General Manager of the Global Corporate Banking Department of BOCHK, marking a new stage in the partnership between the two parties.

Under this cooperation, XTransfer and BOCHK will collaborate in depth across business areas including global collections, payments, and foreign exchange. Leveraging BOCHK’s professional capabilities in cross-border settlement and foreign exchange trading, as well as its unique position as the RMB clearing bank in Hong Kong, combined with XTransfer’s self-built globally unified B2B cross-border settlement network and risk management system, the two parties will jointly create an efficient, lower-cost, and compliant fund collection, payment, and currency exchange experience for foreign trade enterprises. Under this cooperation model, XTransfer is the first corporate partner of BOCHK.

As the cooperation progresses, foreign trade enterprises in Hong Kong and around the world will be able to access global cross-border collection, payment, and foreign exchange services more conveniently, meeting their multi-currency transaction and settlement needs across different markets. Both parties expect that by reducing the handover points in cross-border transaction processes, they can enhance the service experience and capital turnover efficiency, helping enterprises seize global trade opportunities more flexibly.

This cooperation also reflects XTransfer’s continuously deepening Financial Institution Partnership Model. Financial institution partners can act as “Co-builders“, providing cross-border collection, payment, and foreign exchange capabilities; at the same time, through XTransfer’s network covering over one million business customers, they can reach more enterprise customer segments with cross-border financial service needs, achieving complementary capabilities and shared strengths.

Mr Bill Deng, Founder and CEO of XTransfer, said, “We are very honored to sign the cooperation agreement with BOCHK during Hong Kong FinTech Week. BOCHK is one of Hong Kong’s most representative banks, with deep expertise in cross-border settlement and foreign exchange services. This cooperation combines the strengths of both parties, enabling SMEs to enjoy cross-border financial services of the same standard as large multinational corporations. Going forward, we will continue to refine our compliance and risk control capabilities and work with more financial institution partners to build trustworthy cross-border financial infrastructure.”
Hashtag: #XTransfer #BOCHK #Partnership #Crossborder #Payment #SMEs


The issuer is solely responsible for the content of this announcement.

About XTransfer

XTransfer is the world’s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 1 million business customers globally.

We connect top-tier financial institutions directly to SMEs, the backbone of global trade, giving businesses of every size access to the same secure, compliant and seamless payment infrastructure once reserved for multinationals. As of March 31, 2026, we provide payment services across more than 200 countries and regions through partnerships with financial institutions, including some of the most established international banks around the world.

XTransfer has obtained required licenses in major hubs, including the Chinese Mainland, Hong Kong SAR, the United Kingdom, the United States, Singapore, the Netherlands, Australia and Canada.

For more information, please visit:

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HONG KONG SAR – Media OutReach Newswire – 30 October 2026 – International Business Settlement Holdings Limited (“IBS” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0147.HK) entered into a Share Purchase Agreement with the shareholder of QuantumCompute Solutions Limited (“QuantumCompute Solutions”) to acquire its entire equity interests for a consideration of HK$563 million. Upon Completion, QuantumCompute Solutions will become a wholly-owned subsidiary of IBS, and its financial results will be consolidated into the Group’s financial statements.

QuantumCompute Solutions indirectly owns approximately 85.94% equity interest in Shanghai Tianjing Fulian. Shanghai Tiangjing Fulian is also 5.56%-owned by Foxconn Industrial Internet, the shares of which are listed on the Shanghai Stock Exchange (stock code: 601138.SH). The Shanghai Tianjing Fulian Group is principally engaged in the design and development of AI SoC products and integrated solutions, with a particular focus on low-power, cost-effective AI computing and edge computing applications. Through its chip design capabilities and comprehensive technology solutions, the Shanghai Tianjing Fulian Group has established a solid technological foundation in AI inference and edge-side computing infrastructure. The Shanghai Tianjing Fulian Group is an officially authorised independent chip design house for MediaTek Inc., a leading global semiconductor company.

The Directors believe that the Acquisition will enable the Group to expand its business scope from its existing fintech and computing power services into AI chip design and edge computing infrastructure, thereby strengthening its technology capabilities and building a comprehensive ecosystem encompassing computer infrastructure, AI chips and AI application solutions. This strategic expansion aligns with strong growth in the AI semiconductor, edge computing, and digital infrastructure sectors, driven by rising demand for low-latency, real-time AI solutions as well as supportive government policies promoting semiconductor innovation and digital infrastructure investment.

The Group has appointed Dr. Tang Tianshen as its chief strategic consultant to advise on the the strategic development and operations of the Group’s fintech-related businesses. Dr. Tang holds a doctorate in electronic engineering from Texas A&M University and possesses extensive expertise spanning academic research, advanced chip design, and executive leadership in the semiconductor industry. Dr. Tang has served in senior roles of various leading technology companies, including Intel, Shanghai Hua Hong and SMIC.

The Board considers that the transaction represents an opportunity to acquire immediate access to AI chip design capabilities, specialised technical talent, established technology assets, and growth opportunities in the AI industry. Compared with developing such capabilities internally, the Acquisition is expected to accelerate the Group’s entry into the AI semiconductor and edge computing sectors, shorten development time, and strengthen its competitive position in the evolving digital economy. In the long term, the Acquisition is expected to support the establishment of an ecosystem covering computing infrastructure, AI chips, and AI application solutions, creating sustainable growth drivers and delivering long-term value to shareholders.

Hashtag: #IBS

The issuer is solely responsible for the content of this announcement.

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