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π The KAI Trading Competition is Officially Wrapped! π A huge thank you to everyone who participated and traded with us on Gate.io!
π Over the past days, weβve seen incredible energy, impressive trades, and strong support from our community. This was more than just a competition β it was a celebration of momentum and belief in $KAI. π
π Stay tuned for the official winner announcements and rewards distribution β dropping soon!
Until the next one, keep building and trading with purpose. π₯
π The KAI Trading Competition is Officially Wrapped! π A huge thank you to everyone who participated and traded with us on Gate.io!
π Over the past days, weβve seen incredible energy, impressive trades, and strong support from our community. This was more than just a competition β it was a celebration of momentum and belief in $KAI. π
π Stay tuned for the official winner announcements and rewards distribution β dropping soon!
Until the next one, keep building and trading with purpose. π₯
However, analysts are positive on the stock now. βWe have seen a huge downside movement in the stock due to the central electricity regulatory commissionβs (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for Chinaβs high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.