The latest announcement is out from Suoxinda Holdings Limited ( (HK:3680) ).
Ruihe Data Technology Holdings Limited has announced its plan to diversify its income by entering the cryptocurrency business through cloud mining services with BITMAIN. This strategic move aims to provide the company with additional income, exposure to digital assets, and alignment with Hong Kong’s digital economy trends, while mitigating risks and operational complexities associated with direct mining operations.
The most recent analyst rating on (HK:3680) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Suoxinda Holdings Limited stock, see the HK:3680 Stock Forecast page.
More about Suoxinda Holdings Limited
Ruihe Data Technology Holdings Limited operates in the financial technology industry, focusing on digital assets and emerging technologies. The company is diversifying its revenue streams by engaging in cryptocurrency business, specifically through cloud mining services.
Average Trading Volume: 3,017,739
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.99B
For a thorough assessment of 3680 stock, go to TipRanks’ Stock Analysis page.