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Tokyo Chuo Auction Holdings Ltd. ( (HK:1939) ) just unveiled an update.
Shangshan Gold International Holdings Limited has announced a trademarks licensing agreement with Shenzhen Kinghood Holding Group Company Limited, allowing its subsidiary, Shangshan Technology, to use Kinghood’s trademarks outside mainland China. This strategic move aims to expand Shangshan’s overseas market presence and leverage Kinghood’s brand influence in the international jewelry and gold industries, potentially accelerating the application of relevant technologies and products and creating new growth opportunities for the company.
The most recent analyst rating on (HK:1939) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Tokyo Chuo Auction Holdings Ltd. stock, see the HK:1939 Stock Forecast page.
More about Tokyo Chuo Auction Holdings Ltd.
Shangshan Gold International Holdings Limited, through its subsidiary Shangshan Technology, is focused on the global expansion of gold intelligent terminals and gold-related businesses. The company is involved in the gold and jewelry industry, leveraging technology and cultural innovation to enhance its market presence. Kinghood Group, a key partner, is a comprehensive service provider in the precious metals sector, integrating services like intelligent manufacturing and smart retail, and is recognized among China’s top enterprises.
Average Trading Volume: 3,859,180
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.5B
See more insights into 1939 stock on TipRanks’ Stock Analysis page.