Understanding the Market | BLOKS rises over 8% as the company accelerates new product launches this year; institutions indicate its overseas market potential is enormous
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BLOKS's stock price rose by more than 8%, with an increase of 8.33% as of the time of writing, reaching HKD 148.3, with a transaction volume of HKD 47.6 million. The company introduced the concept of "product ecosystem" at the Global Partner Conference and plans to accelerate new product launches, expecting to double the number of new products to 800 by 2025. Zheshang Securities pointed out that BLOKS has a significant advantage in the domestic building block market and has great potential for expanding IP, channels, and overseas markets in the future
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