Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Shoucheng Holdings Ltd. ( (HK:0697) ) has issued an update.
Shoucheng Holdings Ltd. announced that its subsidiary-managed funds, Beijing Robot Fund and Shoubao Fund, have made an additional investment in DEEPRobotics, a company specializing in embodied intelligence technology and robotics. This investment aims to boost DEEPRobotics’ R&D, production capacity, and market expansion, furthering the commercialization of intelligent robots and promoting technological innovation within the industry.
The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.
More about Shoucheng Holdings Ltd.
Shoucheng Holdings Ltd. operates in the investment sector, focusing on capital empowerment and industrial synergy. The company is involved in the robotics industry through its subsidiary, Shoucheng Capital, and aims to contribute to the development of China’s intelligent robotics sector.
YTD Price Performance: 109.07%
Average Trading Volume: 80,088,951
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.73B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.