Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Qidian International Co., Ltd. ( (HK:1280) ) has issued an update.
Qidian International Co., Ltd. has announced the tokenization of its raw liquor assets on a virtual asset operating platform, a move that is expected to enhance the company’s brand value and broaden its customer base. The company is not directly involved in the issuance or sale of these tokens, as all structuring and marketing are handled by Chunlianda and the SPV. This initiative is seen as a strategic step to introduce the company’s products to digital asset investors and establish partnerships for future digital asset and supply chain digitization projects.
The most recent analyst rating on (HK:1280) stock is a Hold with a HK$4.00 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 liquor industry, primarily focusing on the production and sale of high-grade Moutai-flavoured raw liquor. The company aims to enhance its brand value and influence by leveraging digital asset platforms and expanding its reach to a global Web3 audience.
Average Trading Volume: 870,055
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.27B
Find detailed analytics on 1280 stock on TipRanks’ Stock Analysis page.