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New Huo Technology Holdings Limited ( (HK:1611) ) just unveiled an update.
Sinohope Technology Holdings Limited has proposed changing its English name to Bitfire Group Holdings Limited and its Chinese name to 新火集團控股有限公司, subject to shareholder approval at an extraordinary general meeting and approval by the Registrar of Corporate Affairs in the British Virgin Islands. The board believes the new name will better reflect the group’s future strategic direction and present a refreshed corporate image to support its business development, without affecting shareholders’ rights or the validity and tradability of existing share certificates. Following the effective date of the name change, new share certificates and, subject to exchange approval, a new stock short name, website address, and corporate logo will be adopted, while existing certificates will remain valid but may be exchanged for new ones at shareholders’ expense.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.
More about New Huo Technology Holdings Limited
Sinohope Technology Holdings Limited, incorporated in the British Virgin Islands and listed in Hong Kong, operates in the technology sector and focuses on digital-asset-related and fintech services under the Sinohope brand. The company serves investors and institutional clients in the broader virtual asset and financial technology markets in Asia, leveraging its platform to provide technology-driven financial solutions.
Average Trading Volume: 1,751,283
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.08B
For detailed information about 1611 stock, go to TipRanks’ Stock Analysis page.