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Puxing Energy Ltd. ( (HK:0090) ) has issued an announcement.
Puxing Energy Limited has announced its subscription to Series A Preferred Shares of HashKey Holdings Limited, acquiring no more than a 5% equity interest. This strategic move is intended to explore new business cooperation areas with HashKey Holdings, a leading digital asset financial services group in Asia. The acquisition is seen as a step towards diversification and sustainable growth for Puxing Energy, though it does not significantly impact the company’s current operations or financial position.
More about Puxing Energy Ltd.
Puxing Energy Limited is a company incorporated in the Cayman Islands with a focus on energy-related ventures. The company is involved in the energy sector, and its operations are aimed at diversifying and sustaining its business development.
Average Trading Volume: 180,538
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$270.6M
For a thorough assessment of 0090 stock, go to TipRanks’ Stock Analysis page.