TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Tuya, Inc. Class A ( (HK:2391) ) is now available.
Tuya Inc. has announced a series of contractor construction contracts with Yijian Construction to consolidate its office and R&D resources, enhance collaboration, and improve its facilities. These contracts, totaling significant capital expenditure, are part of Tuya’s strategy to strengthen cost control and asset management while maintaining flexibility for future expansion. The transactions are considered discloseable under Hong Kong’s Listing Rules, reflecting Tuya’s commitment to strategic growth and operational efficiency.
More about Tuya, Inc. Class A
Tuya Inc. is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is listed on both the Hong Kong Stock Exchange and the New York Stock Exchange. The company is involved in the technology sector, focusing on developing and providing Internet of Things (IoT) solutions.
Average Trading Volume: 121,612
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.41B
For detailed information about 2391 stock, go to TipRanks’ Stock Analysis page.