Understanding the Market | AOM INT'L rises over 10% as the company plans to acquire 51% equity in Hainan Miaolian Technology

AOM INT'L rose over 10%, as of the time of writing, up 11.39%, priced at HKD 0.44, with a transaction volume of HKD 1.5068 million. In terms of news, AOM INT'L recently announced that the company has signed a memorandum of understanding with Ms. Wang Fang (the seller), where the parties agree to negotiate regarding the company's potential conditional acquisition of a 51% stake in Hainan Miao Lian Technology Co., Ltd. (the target company), which the seller may conditionally sell. It is reported that Hainan Miao Lian Technology Co., Ltd. was established in 2021 and is a professional provider of enterprise digital solutions. Its service scope covers all aspects of enterprise digitalization, including digital strategy planning, business process optimization, data mining, machine learning, cloud computing, and big data