tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Desun Real Estate Embraces Digital Fintech with Strategic Investment

Story Highlights
Desun Real Estate Embraces Digital Fintech with Strategic Investment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ) has issued an announcement.

Desun Real Estate Investment Services Group Co., Ltd. has announced a strategic investment through its subsidiary, Desun Property Service Limited, acquiring a 15% equity interest in Going Securities (HK) Limited. This move is a significant step for Desun in embracing digital fintech, aiming to drive business transformation and diversification by integrating digital financial technologies with its existing operations. The investment aligns with Desun’s strategic objectives to explore new growth avenues and diversify profit models, although it acknowledges potential uncertainties in the market.

The most recent analyst rating on (HK:2270) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Desun Real Estate Investment Services Group Co., Ltd. stock, see the HK:2270 Stock Forecast page.

More about Desun Real Estate Investment Services Group Co., Ltd.

Desun Real Estate Investment Services Group Co., Ltd., incorporated in the Cayman Islands, operates in the real estate investment sector. The company focuses on urban asset services, commercial management, and non-performing asset disposal, aiming to integrate these traditional strengths with digital financial technologies.

Average Trading Volume: 19,017

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.87B

See more insights into 2270 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1