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The latest update is out from Shoucheng Holdings Ltd. ( (HK:0697) ).
Shoucheng Holdings Ltd. announced that its subsidiary, Beijing Robot Fund, has invested in MOTOREVO Robotics Co., Ltd., a leading domestic developer and manufacturer of integrated rotary joints. This investment aims to enhance MOTOREVO’s core technology research and development, improve production capabilities, and expand the application of robotics technologies. The move is expected to solidify MOTOREVO’s position in the robotics industry and contribute to the broader development of China’s intelligent robotics sector.
The most recent analyst rating on (HK:0697) stock is a Buy 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.
Average Trading Volume: 117,715,312
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.85B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.