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The latest announcement is out from International Genius Company ( (HK:0033) ).
International Genius Company announced supplemental information regarding the strategic use of net proceeds from a recent share subscription, totaling approximately HK$302 million. The funds will primarily support potential acquisitions, particularly in asset management services, and investments in technology, including deep neural networks and quantitative trading. The company is exploring partnerships and acquisitions but has yet to finalize any binding agreements, advising shareholders to remain cautious.
More about International Genius Company
International Genius Company, incorporated in the Cayman Islands, operates in the asset management and technology sectors. The company focuses on expanding its asset management services globally and investing in deep neural network applications, artificial intelligence, and commodity trading.
YTD Price Performance: 0.39%
Average Trading Volume: 1,073,504
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.45B
See more insights into 0033 stock on TipRanks’ Stock Analysis page.