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Seazen Group Ltd. ( (HK:1030) ) just unveiled an update.
Seazen Group Ltd. announced a strategic initiative to tokenize its intellectual property resources and asset income, aligning with Hong Kong’s digital asset development directives. The company plans to explore the feasibility of using blockchain technology to facilitate on-chain transactions of digital assets by 2026, ensuring compliance with regulatory frameworks and engaging professional advisors for legal and financial assessments. This move aims to unlock asset value, expand the range of investors, and potentially issue tokens based on shopping mall property income, subject to regulatory approval.
The most recent analyst rating on (HK:1030) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.
More about Seazen Group Ltd.
Seazen Group Ltd. operates in the real estate and retail industry, managing 174 shopping malls across 141 cities. The company focuses on leveraging its shopping mall operations and intellectual property resources to create digital assets, aiming to expand its revenue streams and investor base.
Average Trading Volume: 30,229,902
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.08B
For a thorough assessment of 1030 stock, go to TipRanks’ Stock Analysis page.