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| HSI1 | 25,630.54 | -224.06 | 118.97B |
| HSCEI1 | 8,913.68 | -77.34 | 46.35B |
| Back Zoom + Zoom - Block Traded | |
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2025-12-31 10:55:29 CAOCAO INC (02643.HK) aims to establish a one-stop mobility and business travel technology platform covering both individual and corporate clients through the acquisition of StarRides and Geely Business, according to a report from Citi. Citi believes that providing services to corporate clients and high-end users will help increase CAOCAO INC's overall ARPU and profit margins. It is also likely that these user groups will exhibit higher loyalty and stickiness to the platform, bringing cross-selling synergies to CAOCAO INC's existing mobility business. CAOCAO INC's rating was kept as Buy, with a target price unchanged at HKD70. ~ AAStocks Financial News Web Site: www.aastocks.com | |