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China Supply Chain Holdings Limited ( (HK:3708) ) has provided an update.
China Supply Chain Holdings Limited has entered into a Memorandum of Understanding with Tetronis Limited to establish a next-generation data center in Hong Kong. This strategic collaboration will utilize Tetronis’s Kodon technology, which significantly reduces data file sizes, allowing for high logical storage capacity in a compact physical space. The partnership aims to strengthen the company’s position in the data center industry in Hong Kong, although the terms of the formal agreement are still under negotiation.
More about China Supply Chain Holdings Limited
China Supply Chain Holdings Limited operates in the supply chain industry, focusing on innovative data solutions. The company is involved in establishing data centers and leveraging advanced technologies to enhance data storage and management capabilities.
Average Trading Volume: 25,225,725
Technical Sentiment Signal: Sell
Current Market Cap: HK$141M
Learn more about 3708 stock on TipRanks’ Stock Analysis page.