Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Jiu Rong Holdings Limited ( (HK:2358) ) has issued an update.
Jiu Rong Holdings Limited has announced a potential disposal of its new energy bus charging stations in Hangzhou, China, as part of a strategic shift from capital-intensive physical assets to an asset-light model. This move aims to optimize working capital and improve financial resources, allowing the company to focus on existing or new business ventures and reduce its financial gearing.
More about Jiu Rong Holdings Limited
Jiu Rong Holdings Limited is involved in several industries, including digital video, new energy vehicles, cloud ecological big data, property investments, property development, and general trading.
YTD Price Performance: -33.33%
Average Trading Volume: 5,353,962
Technical Sentiment Signal: Sell
Current Market Cap: HK$54.72M
For detailed information about 2358 stock, go to TipRanks’ Stock Analysis page.