AMTD Digital (HKD) Stock

SHANGHAI , Nov. 11, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading AI enterprise, today announced a strategic agreement with an undisclosed Hong Kong public sector client. This engagement further solidifies Xiao-I's reputation and expands its footprint in the Hong Kong public sector, and is projected to generate initial revenue of approximately 8 million Hong Kong dollars.

AMTD Digital Inc. ( HKD , Financial), headquartered in Hong Kong, is at the forefront of digital transformation in Asia. The company provides innovative digital platforms and services across various sectors, from finance and media to content, marketing and investment.

Digital solutions platform AMTD Digital (NYSE: HKD ) captured retail investors' attention on Friday. Management announced an increase to its previously disclosed share buyback program.

VinFast (NASDAQ: VFS ) stock is in focus following a Bloomberg article that compared the Vietnamese electric vehicle (EV) company to AMTD Digital (NYSE: HKD ). Last year, AMTD increased by as much as 32,000% following its public debut.

Shares of AMTD Digital (NYSE: HKD ) – billed as a one-stop digital solutions platform based in France – popped dramatically higher on Tuesday. Driving sentiment was management's announcement that the company's board of directors authorized a new share repurchase program.

Shares of digital solutions platform AMTD Digital (NYSE: HKD ) gained relatively modestly in comparison to its meme-stock status on a very positive financial disclosure. Still, the diversified enterprise remains a highly speculative wager.

Technology stocks make up of a large portion of growth stocks, which had a major boom during the low-interest rate environment of 2020. However, since that point, many stocks in this sector have corrected downward due to the high inflation and rising interest rate environment.

AMTD Digital (NYSE: HKD ) stock is on the move Monday after insiders at the company promised not to sell shares on the public market for a few more years. According to a press release, AMTD Group Inc., Dr. Calvin Choi and his holding company Infinity Power Investments Limited, AMTD IDEA Group, and executive officers of AMTD Digital won't sell shares of HDX stock until August 2025.

AMTD Digital (NYSE: HKD ) rose 25% in volatile pre-market trading this morning as traders tried to figure out what was happening in Hong Kong. Since the opening bell, HKD stock has been on a wild downward ride and currently sits at about 10% in the green.