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Guan Chao Holdings Limited ( (HK:1872) ) has shared an update.
Guan Chao Holdings Limited announced that its subsidiary, Guangzhou Jinghong, has been included in the list of technology-based small and medium-sized enterprises (SMEs) by the Department of Science and Technology of Guangdong Province. This inclusion is expected to provide the company with access to beneficial policies such as tax incentives and financial subsidies, enhancing its market competitiveness and supporting its development plans.
The most recent analyst rating on (HK:1872) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Guan Chao Holdings Limited stock, see the HK:1872 Stock Forecast page.
More about Guan Chao Holdings Limited
Guan Chao Holdings Limited is a company incorporated in the Cayman Islands, focusing on the chip production business. The company is involved in research, development, and technological innovation, particularly in high-tech fields supported by national policies.
Average Trading Volume: 3,199,661
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.01B
Find detailed analytics on 1872 stock on TipRanks’ Stock Analysis page.