Huitongda Network Unaffected by US Tariffs, Eyes Rural Growth

The latest announcement is out from Huitongda Network Co., Ltd. Class H ( (HK:9878) ).

Huitongda Network Co., Ltd. announced that the newly imposed US tariffs on imports will not directly affect its operations, as the company does not export goods to the US and sources its products domestically. The company plans to leverage national strategies to enhance the rural retail ecosystem through digital technology and supply chain capabilities, aiming to contribute to urban-rural economic development and provide sustainable returns to shareholders.

More about Huitongda Network Co., Ltd. Class H

Huitongda Network Co., Ltd. is a joint stock company incorporated in China, focusing on the lower-tier market within the country. The company primarily procures goods manufactured in Mainland China and is not directly involved in exporting to the United States.

YTD Price Performance: -43.16%

Average Trading Volume: 2,304,325

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$7.31B

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