Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Dmall Inc. ( (HK:2586) ).
Dmall Inc. has announced revisions to its existing annual caps for continuing connected transactions under two key agreements with Wumei Group. The company anticipates increased demand for office space and retail core service cloud solutions, prompting the need to raise the annual caps for these transactions to meet the expected demand. These changes reflect Dmall’s strategic positioning to accommodate growth and strengthen its operational ties with Wumei Group, which is a significant stakeholder due to its association with Dmall’s controlling shareholder.
The most recent analyst rating on (HK:2586) stock is a Sell with a HK$9.50 price target. To see the full list of analyst forecasts on Dmall Inc. stock, see the HK:2586 Stock Forecast page.
More about Dmall Inc.
Dmall Inc. is a company incorporated in the British Virgin Islands, primarily engaged in providing digital solutions and services. It operates within the technology sector, focusing on cloud-based retail solutions and property leasing services, particularly in collaboration with the Wumei Group.
Average Trading Volume: 6,264,087
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$8.28B
See more data about 2586 stock on TipRanks’ Stock Analysis page.