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The latest update is out from Alco Holdings ( (HK:0328) ).
Alco Holdings Limited has announced a memorandum of understanding with Shenzhen Guoying Qianfeng Investment Holdings to explore cooperation in the realm of Real World Assets and blockchain technology. This partnership aims to enhance the digital leasing business, focusing on asset tokenization and innovative financing models, which could potentially increase liquidity and value discovery in the international market. The agreement is not legally binding but sets the stage for future negotiations.
The most recent analyst rating on (HK:0328) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Alco Holdings stock, see the HK:0328 Stock Forecast page.
More about Alco Holdings
Alco Holdings Limited, incorporated in Bermuda, operates in the digital technology industry, focusing on 3C digital products. The company is known for its involvement in the digital leasing market, aiming to innovate through blockchain technology and asset tokenization.
Average Trading Volume: 3,088,242
Technical Sentiment Signal: Hold
Current Market Cap: HK$178.7M
For a thorough assessment of 0328 stock, go to TipRanks’ Stock Analysis page.