Tradelink and Coface Sign Strategic Cooperation Agreement
As Members of CargoX Established by the Hong Kong Monetary Authority Jointly Drive Enterprise Digital Transformation and Enhance Trade Credit Risk Management
(Hong Kong, November 5, 2025) — Tradelink Electronic Commerce Limited (“Tradelink”), a leading digital service provider in Hong Kong, and Coface Group (“Coface”), a global leader in trade credit risk management, today signed a strategic memorandum of understanding (MOU). The two parties will jointly explore deeper collaboration in areas including business data, customs platforms, and trade credit risk management, bringing dual benefits to enterprises locally and across the region.
Through Tradelink’s T+ E-Trade Services Platform, which is set to launch soon, companies can access Coface’s professional trade credit risk management services, enabling them to conduct risk assessments on potential trading partners before going global or entering Chinese Mainland, thereby offering insightful reports to facilitate informed decision-making, while also experiencing Tradelink’s leading trade compliance digitalization solutions. Coface has joined as a strategic partner under the BizConnect of T+, providing comprehensive trade credit risk management solutions to T+ clients.
As members of the CargoX Expert Group established by the Hong Kong Monetary Authority, both parties will leverage Project CargoX to achieve data interchange, helping SMEs carry out trade financing more efficiently. The two companies also pledge to explore opportunities for collaboration in data sharing and joint product development, harnessing big data to drive business growth and innovation. Tradelink and Coface look forward to signing a formal agreement based on this memorandum to define specific cooperation details.
Both companies have pledged to jointly review their accumulated data over the years and explore collaboration opportunities in data sharing and product co-development, harnessing big data to drive business growth and innovation. Tradelink and Coface aim to sign a formal agreement on detailed cooperation plans under the framework of this MOU.
Mr. YUEN Man Chung, Tommy, S.B.S, Executive Director and Chief Executive Officer of Tradelink, remarked: “We are excited to welcome Coface as a strategic partner of T+. This partnership not only helps local and regional enterprises expand their international networks but also leverages our combined strengths in data, platforms, and services to create greater business value.”
Mr. Chris Murphy, General Manager, Hong Kong, Coface, commended: “This cooperation reflects our shared vision of continuous innovation and value creation. We look forward to combining our expertise to advance trade credit risk management and regional economic development, generating long-term benefits for our clients.”
Looking ahead, Tradelink and Coface will continue to deepen the partnership, combining our expertise in e-commerce and trade risk management to help enterprises in Hong Kong and the region transition toward a more efficient and secure digital trade future.
Established in 1988 and listed in 2005, Tradelink (Stock Code: 536) is Hong Kong’s digital efficiency pioneer. Since 1997, the company has successfully brought the advantages of its e-solutions to tens of thousands of organisations. Tradelink has pioneered numerous innovative business technology applications in Hong Kong, including EDI, digital certificates, biometric ID and warehouse automation. In addition to offering expertise in supply chain and identity management solutions, the company leads in the city’s business-to-government document compliance market. Tradelink has over 50,000 customers spanning all industry sectors. The company has earned the trust of governments, multinationals, and small and medium businesses alike. Leveraging its connection to a global network of over one million customers, Tradelink empowers clients to expand internationally and seize new market opportunities.
For more information about Tradelink, please visit www.tradelink.com.hk
As a global leading player in trade credit risk management for almost 80 years, Coface helps companies grow and navigate in an uncertain and volatile environment. Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring. Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets. In 2024, Coface employed +5,200 people and recorded a turnover of ~€1.845 billion.
For more information about Coface , please visit www.coface.com