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Beijing UBOX Online Technology Corp. Class H ( (HK:2429) ) just unveiled an announcement.
Beijing UBOX Online Technology Corp. has entered into a two-year agreement with Ant Double Chain Technology to utilize its Trusted Asset Management Platform. This collaboration will enable UBOX to integrate blockchain technology into its vending machine operations, enhancing data reliability for future incentive programs for franchisees. The agreement is seen as beneficial for the company and its shareholders, aligning with its strategic interests.
The most recent analyst rating on (HK:2429) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Beijing UBOX Online Technology Corp. Class H stock, see the HK:2429 Stock Forecast page.
More about Beijing UBOX Online Technology Corp. Class H
Beijing UBOX Online Technology Corp. is a company based in China that specializes in the sales of fast-moving consumer goods through a network of vending machines across mainland China. The company leverages a data-driven operation system to support its extensive network of Ubox POSs.
Average Trading Volume: 8,442,040
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.62B
See more insights into 2429 stock on TipRanks’ Stock Analysis page.