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UNQ Holdings Limited ( (HK:2177) ) has provided an announcement.
UNQ Holdings Limited announced that its subsidiary, UNQ Supply Chain, has entered into a Guarantee Agreement to provide a guarantee of up to RMB 47,500,000 for Shanghai Xuyi’s repayment obligations under a Loan Agreement. This move is part of UNQ’s strategy to foster cooperative development between its e-commerce business and Shanghai Xuyi’s offline operations, potentially positioning the company advantageously for future strategic collaborations and investments.
The most recent analyst rating on (HK:2177) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on UNQ Holdings Limited stock, see the HK:2177 Stock Forecast page.
More about UNQ Holdings Limited
UNQ Holdings Limited operates in the e-commerce sector, focusing on integrating online and offline sales channels. The company is involved in the distribution of brands like Fine Today and Kobayashi Pharmaceutical, and aims to strengthen its market position through strategic partnerships and resource consolidation.
Average Trading Volume: 85,806
Technical Sentiment Signal: Buy
Current Market Cap: HK$459.5M
For a thorough assessment of 2177 stock, go to TipRanks’ Stock Analysis page.