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Hengxin Technology Ltd. ( (HK:1085) ) just unveiled an announcement.
Hengxin Technology Ltd. has announced the establishment of a Joint Laboratory for Intelligent Security Cryptographic Chips in collaboration with East China Normal University. This initiative aims to advance the industrialization of cryptographic chips by developing proprietary cryptographic algorithms and security chips, particularly in the field of post-quantum cryptography. The collaboration is expected to enhance Hengxin’s capabilities in foundational research and key technology breakthroughs, thereby strengthening its competitiveness in the digital security sector.
The most recent analyst rating on (HK:1085) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Hengxin Technology Ltd. stock, see the HK:1085 Stock Forecast page.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd. operates in the technology industry, focusing on the development and industrialization of cryptographic chips. The company is incorporated in Singapore and is listed on the Hong Kong Stock Exchange, with a market focus on high-end digital security solutions.
Average Trading Volume: 470,065
Technical Sentiment Signal: Buy
Current Market Cap: HK$758.9M
For a thorough assessment of 1085 stock, go to TipRanks’ Stock Analysis page.