TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Scholar Education Group ( (HK:1769) ) has shared an announcement.
Scholar Education Group has announced the formation of a joint venture with Shenzhen Huaxia Junyong to develop educational AI robots, with a total investment of RMB385 million. The joint venture will be 30% owned by Scholar Education Group and 70% by Shenzhen Huaxia Junyong, marking a strategic move to enhance its technological capabilities in the education sector.
The most recent analyst rating on (HK:1769) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on Scholar Education Group stock, see the HK:1769 Stock Forecast page.
More about Scholar Education Group
Scholar Education Group operates in the education industry, focusing on the development of educational technologies. The company is involved in creating innovative solutions such as educational artificial intelligence robots to enhance learning experiences.
Average Trading Volume: 3,720,800
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.04B
For detailed information about 1769 stock, go to TipRanks’ Stock Analysis page.