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Guangdong – Hong Kong Greater Bay Area Holdings Expands AI Capabilities with Strategic Acquisition

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Guangdong – Hong Kong Greater Bay Area Holdings Expands AI Capabilities with Strategic Acquisition

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Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) has provided an announcement.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has completed the acquisition of Wisdom Knight Holdings Limited, enhancing its capabilities in the AI business. The acquisition allows the company to expand its operations in AI computing power services, including contracts with major telecommunications and internet companies. The launch of the Quantum Pai computing power cloud service platform further strengthens its market position, offering comprehensive AI infrastructure and intelligent computing services across multiple industries.

The most recent analyst rating on (HK:1396) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Guangdong – Hong Kong Greater Bay Area Holdings Ltd. stock, see the HK:1396 Stock Forecast page.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. operates in the artificial intelligence sector, focusing on AI infrastructure and computing power services. The company is involved in providing green energy AI computing solutions and aims to serve various industries through its technology services.

YTD Price Performance: 3969.93%

Average Trading Volume: 2,866,356

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.54B

See more insights into 1396 stock on TipRanks’ Stock Analysis page.

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