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IVD Medical Expands into US with Property Acquisition and New Subsidiary

Story Highlights
  • IVD Medical expands into North America with a property acquisition in California.
  • The company establishes ETHK BANK to advance stablecoin and IP securitization initiatives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IVD Medical Expands into US with Property Acquisition and New Subsidiary

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IVD Medical Holding Limited ( (HK:1931) ) just unveiled an announcement.

IVD Medical Holding Limited has acquired a property in Irvine, California, and established a US subsidiary, ETHK BANK, to advance its initiatives in stablecoins and intellectual property securitization. This strategic move aims to enhance the company’s global business synergy and create long-term value for shareholders by developing a stablecoin public blockchain technology and innovative capital operations in North America.

The most recent analyst rating on (HK:1931) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on IVD Medical Holding Limited stock, see the HK:1931 Stock Forecast page.

More about IVD Medical Holding Limited

IVD Medical Holding Limited operates in the digital finance and intellectual property securitization industry, focusing on stablecoins and innovative drug intellectual property securitization. The company is expanding its market focus to North America, leveraging the region’s regulatory environment and asset market potential.

Average Trading Volume: 2,762,938

Technical Sentiment Signal: Buy

Current Market Cap: HK$15.1B

See more insights into 1931 stock on TipRanks’ Stock Analysis page.

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