tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Supply Chain Holdings Partners with Gold Energy for Gold-Backed Digital Assets

Story Highlights
China Supply Chain Holdings Partners with Gold Energy for Gold-Backed Digital Assets

Claim 70% Off TipRanks Premium

An update from China Supply Chain Holdings Limited ( (HK:3708) ) is now available.

China Supply Chain Holdings Limited has entered into a strategic cooperation framework agreement with Gold Energy Co. to develop real-world asset digital projects backed by physical gold. This initiative, which includes the launch of the ‘HUG Token’, aims to enhance liquidity and provide a transparent investment channel for global investors by digitizing physical assets through blockchain technology, reflecting a significant shift in the global fintech industry towards real-world asset tokenization.

The most recent analyst rating on (HK:3708) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on China Supply Chain Holdings Limited stock, see the HK:3708 Stock Forecast page.

More about China Supply Chain Holdings Limited

China Supply Chain Holdings Limited operates in the supply chain industry, focusing on digital finance cooperation and supply chain relationships. The company is expanding its traditional supply chain operations into the realm of digital finance, leveraging blockchain technology to enhance liquidity and transparency in asset-backed digital assets.

Average Trading Volume: 60,382,049

Technical Sentiment Signal: Buy

Current Market Cap: HK$255.1M

See more data about 3708 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1