Synertone Communication Corporation (HK:1613) has released an update.
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Synertone Communication Corporation is ramping up its smartphone distribution business, focusing on Xiaomi products, by raising HK$20.7 million to boost procurement and address administrative costs. The company plans to spend HK$15 million on inventory and the rest on essential expenses. This strategic move aims to capitalize on growing demand in Hong Kong and Asia, positioning Synertone for expanded market presence.
For further insights into HK:1613 stock, check out TipRanks’ Stock Analysis page.
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