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An announcement from China New City Commercial Development Ltd ( (HK:1321) ) is now available.
China New City Group Limited has entered into a strategic cooperation memorandum with HashKey Exchange to explore business opportunities in virtual asset allocation and custody. This partnership aims to enhance asset management efficiency and safety, leveraging HashKey’s expertise as a licensed virtual asset exchange in Hong Kong. The collaboration is expected to improve the Group’s asset management efficiency and diversification, aligning with the global trend towards digital transformation and blockchain technology in the financial sector.
More about China New City Commercial Development Ltd
China New City Group Limited is a large-scale enterprise that integrates commercial development and operation, hotel management, film and television, education, cultural tourism, and other industries. The company is supported by substantial commercial property resources and has a sector layout that spans across the country.
Average Trading Volume: 681,234
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.9B
For a thorough assessment of 1321 stock, go to TipRanks’ Stock Analysis page.