HKG:3680

3 stories mentioning HKG:3680Updated 40d ago

Every FINWIRES story that references HKG:3680, newest first.

Ruihe Data Technology to Invest RMB 73.3 Million in AI-focused Investment Fund

Ruihe Data Technology (HKG:3680) agreed to invest 73.3 million yuan in an artificial intelligence-focused investment fund, according to a Friday disclosure with the Hong Kong bourse.The company will make the investment in Houze Equity Investment Partnership through its subsidiary Ruihe Data Shenzhen for a 7.23% stake in the fund.The fund intends to invest in unlisted artificial intelligence companies, with a planned operation period of five years, unless extended.

HKG:3680

Asia57d ago

Ruihe Data Teams Up with JHD Technologies on AI Fintech Push; Shares Rise 3%

Ruihe Data Technology (HKG:3680) said it has entered into a cooperation agreement with JHD Technologies to develop AI-driven financial services offerings, according to a Thursday Hong Kong bourse filing.Shares of the tech firm were up nearly 3% in late-morning trade on Friday.The companies will collaborate on areas including data-driven marketing, AI-enabled financial applications, technology infrastructure, and digital ecosystem expansion.Ruihe Data said the partnership is expected to support business development and create new growth opportunities.

HKG:3680

Asia65d ago

Ruihe Data Unit to Acquire 5.6% Fund Stake from Chairman; Shares Slip 6%

Ruihe Data Technology (HKG:3680) said its wholly owned unit agreed to acquire about 5.6% of the Class A shares in an investment fund from chairman and chief executive Xue Shouguang, according to a Wednesday Hong Kong bourse filing.Shares of the tech firm were down over 6% in Thursday morning trade.The consideration will be set at 70% of distributions received from the fund, subject to a cap of $10 million, with payments to be made after the company receives returns, the filing said.

HKG:3680

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