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Coolpad Group ( (HK:2369) ) has provided an update.
Coolpad Group Limited has announced the establishment of its Real World Asset Tokenization Division, aimed at leveraging blockchain technology to tokenize property assets and enhance their market value. The initiative aligns with Hong Kong’s digital asset policies and seeks to unlock asset value and improve liquidity, potentially expanding to assist other corporate clients in the future.
More about Coolpad Group
Coolpad Group Limited operates in the technology sector, focusing on the exploration of Web3.0-related fields and digital asset development. The company is involved in real estate, with significant property assets in Mainland China, including office buildings and technology parks.
YTD Price Performance: -51.65%
Average Trading Volume: 1,058,199
Technical Sentiment Signal: Sell
Current Market Cap: HK$469.2M
Learn more about 2369 stock on TipRanks’ Stock Analysis page.