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Pangaea Connectivity Technology Limited ( (HK:1473) ) has issued an announcement.
Pangaea Connectivity Technology Limited announced a potential collaboration with Mile Green to form a joint venture named NewCo. The venture aims to combine income-generating assets with a tokenization ecosystem, allowing for diversified revenue streams. Pangaea will provide capital and leverage its network, while Mile Green will manage operations and ensure regulatory compliance. The collaboration is expected to enhance Pangaea’s market positioning by integrating its core technological expertise into the asset tokenization space.
The most recent analyst rating on (HK:1473) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Pangaea Connectivity Technology Limited stock, see the HK:1473 Stock Forecast page.
More about Pangaea Connectivity Technology Limited
Pangaea Connectivity Technology Limited operates in the optical and wireless semiconductor industry, providing AIoT and IoT solutions. The company focuses on leveraging its expertise in connectivity solutions to support digitalization and tokenization of assets.
Average Trading Volume: 5,564,258
Technical Sentiment Signal: Buy
Current Market Cap: HK$550.8M
See more data about 1473 stock on TipRanks’ Stock Analysis page.