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Smart-Core Holdings Ltd. ( (HK:2166) ) has shared an announcement.
Smart-Core Holdings Limited announced a change in the allocation of HK$23.9 million proceeds originally intended for enhancing its e-commerce platform to now be directed towards developing solutions for smart terminals, edge computing, and AI-related chip distribution and marketing. This strategic move reflects the company’s shift toward leveraging emerging technologies and signifies its efforts to strengthen industry positioning and diversify its market opportunities, potentially impacting shareholders and stakeholders positively in the high-growth tech sector.
The most recent analyst rating on (HK:2166) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Smart-Core Holdings Ltd. stock, see the HK:2166 Stock Forecast page.
More about Smart-Core Holdings Ltd.
Smart-Core Holdings Limited operates in the electronics and e-commerce industries, focusing on offering solutions and products related to smart terminals, edge computing, and AI-related chips. The company also engages in e-commerce platform development, technology infrastructure improvement, and marketing activities for its products.
Average Trading Volume: 204,766
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$957.8M
See more data about 2166 stock on TipRanks’ Stock Analysis page.