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INFINITI

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INFINITI

Re: None

Monday, 03/11/2024 7:09:07 PM

Monday, March 11, 2024 7:09:07 PM

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Fangdd Network (NASDAQ:DUO) stock is heading higher on Monday after the company announced plans to enter the real estate stock asset services sector.

Fangdd Network notes that the traditional real estate industry in China is reaching a point where it’s switching from an incremental market to a stock market. This has the company shifting its plans to enter that stock market.

The company intends to make these changes in 2024. That will see it focus on “improving asset revitalization capabilities” and “increasing service asset projects.”
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