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Time Interconnect Technology Limited ( (HK:1729) ) has issued an announcement.
Time Interconnect Technology Limited has completed a major transaction involving the acquisition of Dejinchang Investment Limited, making it a wholly-owned subsidiary. This acquisition, settled partly through the issuance of new shares, will allow the company to consolidate the financial results of the acquired group, potentially enhancing its market position and financial performance.
The most recent analyst rating on (HK:1729) stock is a Hold with a HK$17.00 price target. To see the full list of analyst forecasts on Time Interconnect Technology Limited stock, see the HK:1729 Stock Forecast page.
More about Time Interconnect Technology Limited
Time Interconnect Technology Limited operates in the technology sector, focusing on the acquisition and management of investment companies. The company is involved in expanding its market reach by acquiring other businesses to consolidate its financial results.
Average Trading Volume: 13,519,029
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.9B
For an in-depth examination of 1729 stock, go to TipRanks’ Overview page.