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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H ( (HK:1471) ) has provided an update.
Zhongmiao Holdings (Qingdao) Co., Ltd. has entered into a framework agreement with ITC Strategic Holding Limited, a subsidiary of Hong Kong-listed ITC Properties Group, to form a long-term strategic cooperation focused on integrating physical assets with digital finance security. Under the partnership, the two groups will combine Zhongmiao’s capabilities in digital risk management, insurance technology, artificial intelligence and big data with ITC’s global real estate and asset operation strengths to develop risk-hedging, credit enhancement and compliance management systems for digital assets, as well as compliant cross-border asset distribution models supported by digital insurance solutions, aimed at bolstering investor confidence and supporting more standardized development of Web3 and digital finance.
The most recent analyst rating on (HK:1471) stock is a Buy with a HK$18.50 price target. To see the full list of analyst forecasts on Zhongmiao Holdings (Qingdao) Co., Ltd. Class H stock, see the HK:1471 Stock Forecast page.
More about Zhongmiao Holdings (Qingdao) Co., Ltd. Class H
Zhongmiao Holdings (Qingdao) Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates in financial technology with a focus on digital risk management, insurance technology, and fintech solutions aimed at supporting digital finance and Web3-related activities.
Average Trading Volume: 32,187
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.51B
Learn more about 1471 stock on TipRanks’ Stock Analysis page.