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Desun Real Estate Ventures into Digital Finance with Strategic Acquisition

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Desun Real Estate Ventures into Digital Finance with Strategic Acquisition

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An update from Desun Real Estate Investment Services Group Co., Ltd. ( (HK:2270) ) is now available.

Desun Real Estate Investment Services Group Co., Ltd. has announced the acquisition of a 15% equity interest in Going Securities (HK), a licensed corporation recognized by the Securities and Futures Commission of Hong Kong. This strategic investment aims to facilitate the upgrade of Going Securities’ regulated licenses, allowing Desun to explore opportunities in digital finance, including real-world asset tokenization and virtual asset services. The acquisition is contingent upon the approval of Going Securities’ license upgrade application, with a repurchase agreement in place if the upgrade is not achieved.

The most recent analyst rating on (HK:2270) stock is a Buy with a HK$3.50 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. is an urban asset service provider specializing in property services, office leasing, commercial asset management, and industrial park operations. The company has developed extensive project resources and expertise in asset operation, focusing on revitalizing undervalued or illiquid assets.

Average Trading Volume: 41,123

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.02B

For an in-depth examination of 2270 stock, go to TipRanks’ Overview page.

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