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Mediwelcome Healthcare Management & Technology Inc. ( (HK:2159) ) has shared an update.
Mediwelcome Healthcare Management & Technology Inc. has announced that a subsidiary has signed a non-binding memorandum of understanding to acquire 100% of MediAI Technology Development Limited, whose group provides AI technology solutions to global pharmaceutical and medical device companies, including AI-powered models for specialised diseases and blockchain-based tools to ensure data authenticity and security. The potential deal, which is subject to due diligence and the negotiation of a definitive agreement during a six-month exclusivity period, could become a notifiable transaction under Hong Kong listing rules and signals Mediwelcome’s strategic push into advanced AI and Web3-enabled medical technologies, potentially enhancing its capabilities and positioning in the healthcare technology market if completed.
The most recent analyst rating on (HK:2159) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Mediwelcome Healthcare Management & Technology Inc. stock, see the HK:2159 Stock Forecast page.
More about Mediwelcome Healthcare Management & Technology Inc.
Mediwelcome Healthcare Management & Technology Inc. is a healthcare management and technology group listed in Hong Kong that operates through subsidiaries to provide services and solutions to the medical sector, with a focus on integrating technology into healthcare operations and services.
Average Trading Volume: 258,741
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$392M
For detailed information about 2159 stock, go to TipRanks’ Stock Analysis page.