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Wanka Online, Inc. ( (HK:1762) ) has shared an announcement.
Wanka Online, Inc. has announced the establishment of an investment fund in the form of a limited partnership in Chongqing city, PRC, with the involvement of Huanju Times as a limited partner. The partnership aims to leverage its corporate structure to make investments in the digital economy, particularly in artificial intelligence and mobile internet advertising services. With an initial capital commitment of RMB50,000,000 from Huanju Times, the fund is structured to professionally manage and appreciate its capital assets over a term of up to seven years, targeting good returns for its partners.
More about Wanka Online, Inc.
Wanka Online, Inc. is a company incorporated in the Cayman Islands, primarily focused on industries related to the digital economy, including artificial intelligence and mobile internet advertising services.
YTD Price Performance: 7.89%
Average Trading Volume: 851,824
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$300M
Learn more about 1762 stock on TipRanks’ Stock Analysis page.
