CAOCAO INC Reports Steady Business Operations, Core Ride-Hailing Services on Track
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
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Source: aastocks
Stock Performance: CAOCAO INC (02643.HK) has experienced unusual changes in stock price and trading volume, with a short selling amount of $1.11M and a ratio of 0.694%.
Business Operations: The company confirmed that it continues normal operations without significant adverse changes in its overall business fundamentals, particularly in its ride-hailing sector.
Strategic Direction: CAOCAO INC is focused on a clear medium- to long-term strategy for autonomous driving (Robotaxi) and is making steady progress in this area.
International Expansion: The company is actively strengthening its international presence by exploring overseas markets and cooperation opportunities to support its long-term development strategy.
Analyst Views on 02643
Wall Street analysts forecast 02643 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02643 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 33.280
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Current: 33.280
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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.
