Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Infinity Development Holdings Co. Ltd. ( (HK:0640) ) is now available.
Infinity Development Holdings Co. Ltd. has announced plans for a potential dual primary listing in Hong Kong and Singapore, aiming to strengthen its presence in Southeast Asia and attract further development opportunities. The company is proceeding with the Singapore Listing, subject to regulatory approvals and market conditions, and has appointed Xandar as the sponsor for the listing. Additionally, the company is making strategic changes, including share consolidation and amendments to its articles of association, to facilitate this listing.
The most recent analyst rating on (HK:0640) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Infinity Development Holdings Co. Ltd. stock, see the HK:0640 Stock Forecast page.
More about Infinity Development Holdings Co. Ltd.
Infinity Development Holdings Co. Ltd. is a company incorporated in the Cayman Islands, operating primarily in the manufacturing sector with production bases in China, Vietnam, and Indonesia. The company focuses on enhancing its competitiveness in Southeast Asia by diversifying its production bases and improving cost efficiency and freight time advantages.
Average Trading Volume: 726,625
Technical Sentiment Signal: Buy
Current Market Cap: HK$687.3M
Find detailed analytics on 0640 stock on TipRanks’ Stock Analysis page.