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HK Acquisition Corp. ( (HK:2562) ) has issued an update.
Synagistics Limited has announced a strategic partnership with BytePlus, a business unit of ByteDance, to drive AI transformation across the Asia-Pacific region. The collaboration will see Synagistics leveraging BytePlus’ AI infrastructure to develop enterprise applications tailored for Asian markets, enhancing their flagship Geene platform with advanced AI capabilities. This partnership aims to meet the growing demand for enterprise-grade AI solutions in Asia, with initial focus on Singapore, Indonesia, Malaysia, Thailand, and Vietnam, and plans for further expansion. The move aligns with the projected growth of the Asia Pacific AI market, expected to reach $298.40 billion by 2030.
More about HK Acquisition Corp.
Synagistics Limited is a Singapore-based company specializing in big data, AI, and digital solutions, listed on the Hong Kong Stock Exchange. It is recognized for its pioneering De-SPAC transaction in Hong Kong and has strategic backing from Alibaba, Gobi Partners, and Hong Kong Telecom. The company is a leading digital solutions provider in Southeast Asia, offering its Synagie platform to over 600 enterprises and achieving carbon neutrality and ISO/IEC 27001:2022 certification.
YTD Price Performance: -29.45%
Average Trading Volume: 2,651,023
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.37B
Learn more about 2562 stock on TipRanks’ Stock Analysis page.