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VSTECS Holdings Limited ( (HK:0856) ) has shared an announcement.
VSTECS Holdings Limited has initiated discussions to explore stablecoin payment and settlement solutions, aiming to enhance cross-border trade efficiency and optimize supply chain liquidity in Southeast Asia. The discussions are in preliminary stages, with no binding agreements yet, and focus on using compliant stablecoins to reduce transaction costs and exchange rate risks.
The most recent analyst rating on (HK:0856) stock is a Buy with a HK$7.20 price target. To see the full list of analyst forecasts on VSTECS Holdings Limited stock, see the HK:0856 Stock Forecast page.
More about VSTECS Holdings Limited
VSTECS Holdings Limited operates in the information and communication technology (ICT) industry, focusing on product distribution, supply chain services, and digital ecosystem business. The company primarily serves the Southeast Asian market, emphasizing payment technology innovation and digital transformation.
Average Trading Volume: 8,935,365
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.99B
Find detailed analytics on 0856 stock on TipRanks’ Stock Analysis page.