Eason Technology acquires Hubei property for RMB 24.63 million

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: 16 Jan 26

Source: Newsfilter

Eason Technology Ltd's stock surged by 38.60% in pre-market trading as it crossed above the 5-day SMA, reflecting strong investor interest.

The company announced the acquisition of a commercial property in Hubei for approximately RMB 24.63 million, which is expected to enhance its asset base and market presence. Additionally, Eason Technology plans to issue 63.6 billion Class A ordinary shares as part of the acquisition, demonstrating its proactive strategy in capital operations aimed at supporting future expansion through equity financing. This strategic move is part of the company's shift towards real estate and digital technology security, indicating a focus on long-term growth potential.

This acquisition positions Eason Technology favorably in the market, potentially attracting further investment and enhancing its competitive edge in the evolving landscape of real estate and technology.

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About DXF

Eason Technology Ltd, formerly Dunxin Financial Holdings Ltd, is an investment holding company primarily engaged in the real estate operation management and investment business as well as digital security technology business. The real estate operation management and investment business mainly engages in providing comprehensive management consulting services to property owners and businesses as well as providing entrusted management services. The digital security technology business mainly engages in providing digital security solutions to enterprises (To B) to help protect their critical data and information assets as well as providing digital security hardware products to consumers (To C).

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Eason Technology acquires Hubei property for RMB 24.63 million

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