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AMTD IDEA Group Class A ( (SG:HKB) ) has provided an announcement.
AMTD IDEA Group, along with its subsidiaries AMTD Digital Inc. and The Generation Essentials Group (TGE), announced that cryptocurrencies will become a key component of their liquid funds, totaling approximately USD240 million. TGE will focus on cryptocurrency-related opportunities, particularly in the tokenized crypto assets segment, aiming to leverage these assets for growth in media, entertainment, and hospitality sectors, thereby enhancing consumer engagement and spending.
More about AMTD IDEA Group Class A
AMTD Group Inc. is a conglomerate with a diverse portfolio that spans media, entertainment, education, training, premium assets, and hospitality sectors. AMTD IDEA Group, a subsidiary, is a diversified institution and digital solutions group that connects companies and investors with global markets.
Technical Sentiment Signal: Sell
Current Market Cap: S$1.44B
For a thorough assessment of HKB stock, go to TipRanks’ Stock Analysis page.