Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
PAX Global Technology ( (HK:0327) ) has provided an update.
PAX Global Technology Limited has entered into a new three-year framework agreement with Megahunt to continue purchasing semiconductor chips for use in its E-Payment Terminals from 1 January 2026 to 31 December 2028. As Megahunt is an associate of PAX’s controlling shareholder Hi Sun, these chip purchase transactions are classified as continuing connected transactions under Hong Kong listing rules, triggering reporting, announcement and annual review requirements but exempting the company from issuing a circular or seeking independent shareholder approval, while pricing will be set on normal commercial terms with reference to market levels.
The most recent analyst rating on (HK:0327) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on PAX Global Technology stock, see the HK:0327 Stock Forecast page.
More about PAX Global Technology
PAX Global Technology Limited is a Bermuda-incorporated company listed in Hong Kong that specialises in electronic payment solutions, notably E-Payment Terminals. The group operates in the payment technology industry, supplying hardware used by merchants and payment service providers, and relies on semiconductor chips as key components for its products.
Average Trading Volume: 3,190,824
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.51B
See more insights into 0327 stock on TipRanks’ Stock Analysis page.