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The latest update is out from Ming Yuan Cloud Group Holdings Limited ( (HK:0909) ).
Ming Yuan Cloud Group Holdings Limited has announced the acquisition of ASIOT Co., Ltd., a Japanese service provider specializing in AI and IoT solutions for the real estate sector. This strategic move marks the company’s expansion into the Japanese market, aiming to leverage its established practices in China to offer efficient digitalization solutions. The acquisition is expected to enhance resource sharing and business synergy, positioning Ming Yuan Cloud for further global expansion.
The most recent analyst rating on (HK:0909) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Ming Yuan Cloud Group Holdings Limited stock, see the HK:0909 Stock Forecast page.
More about Ming Yuan Cloud Group Holdings Limited
Ming Yuan Cloud Group Holdings Limited is a company incorporated in the Cayman Islands, with a focus on providing digitalization solutions in the real estate sector. The company is known for its expertise in AI, IoT, and SaaS technologies, primarily serving the Chinese market.
Average Trading Volume: 15,744,284
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.78B
For detailed information about 0909 stock, go to TipRanks’ Stock Analysis page.