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Qidian International Co., Ltd. ( (HK:1280) ) has shared an announcement.
Qidian International Co., Ltd. has completed the acquisition of an AI technology company, making it a wholly-owned subsidiary. This strategic move involves the issuance of 94,069,530 consideration shares, representing a 4.87% increase in the company’s share capital, and is expected to enhance the company’s market position by integrating the financial results of the acquired company into its operations.
The most recent analyst rating on (HK:1280) stock is a Sell with a HK$3.50 price target. To see the full list of analyst forecasts on Qidian International Co., Ltd. stock, see the HK:1280 Stock Forecast page.
More about Qidian International Co., Ltd.
Qidian International Co., Ltd. operates in the AI technology sector, focusing on AI-driven enablement services for the interest-based e-commerce industry.
Average Trading Volume: 784,621
Technical Sentiment Signal: Hold
Current Market Cap: HK$6.71B
For an in-depth examination of 1280 stock, go to TipRanks’ Overview page.