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Bonjour Holdings and Ziyuanyuan Explore Strategic Cooperation

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Bonjour Holdings and Ziyuanyuan Explore Strategic Cooperation

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Bonjour Holdings ( (HK:0653) ) has issued an announcement.

Bonjour Holdings Limited has announced a non-binding memorandum of understanding with Ziyuanyuan Holdings Group Limited to explore a strategic cooperation plan. The collaboration aims to leverage Bonjour’s position in the cosmetics retail industry and Ziyuanyuan’s operational experience in China to develop a cross-border new retail business model in the Greater Bay Area. This partnership is expected to enhance Bonjour’s diversification and global reach, promoting sustainable development and offering significant opportunities for innovation and growth.

The most recent analyst rating on (HK:0653) stock is a Sell with a HK$0.07 price target. To see the full list of analyst forecasts on Bonjour Holdings stock, see the HK:0653 Stock Forecast page.

More about Bonjour Holdings

Bonjour Holdings Limited is a company that has transitioned from a traditional beauty industry retailer to a global eCommerce entity. It focuses on providing international general merchandise products, international trade, supply chain services, and professional services, with an emphasis on high-quality cross-border eCommerce. The company is actively promoting the integration of technology and consumption, particularly in the new 5G digital economy.

Average Trading Volume: 4,369,928

Technical Sentiment Signal: Sell

Current Market Cap: HK$112.6M

See more insights into 0653 stock on TipRanks’ Stock Analysis page.

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