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Intuitive Investments Group Plc ( (GB:IIG) ) has provided an announcement.
Intuitive Investments Group plc announced a significant development for its investee company, Hui10 Inc., which has secured an exclusive agreement with the General Administration of Sport of China. This partnership allows Hui10 to promote Team China and its merchandise, enhancing its market position in China’s retail and lottery sectors. The agreement involves launching flagship Team China Sports Lottery stores and integrating Hui10’s offerings with China’s national card settlement system, UnionPay. This move is expected to strengthen Hui10’s relationships with regulatory bodies and stakeholders, and contribute to the growth of national sports in China, while also offering substantial opportunities for IIG shareholders.
More about Intuitive Investments Group Plc
Intuitive Investments Group plc (IIG) is a closed-end investment company that focuses on high-growth opportunities in the technology and life sciences sectors. The company seeks to provide investors with exposure to a portfolio of fast-growing, high-potential businesses primarily in the UK, Europe, the US, and the Asia-Pacific region, aiming for long-term capital growth.
YTD Price Performance: -3.98%
Average Trading Volume: 21,105
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £249.3M
See more data about IIG stock on TipRanks’ Stock Analysis page.
