HK Stock Market Move | GOLDSTREAM INV (01328) soared by over 50% on heavy trading volume and signed a memorandum of cooperation framework with FOURTH PARADIGM.

GOLDSTREAM INV (01328) surged by over 50% on high volume, with a 48.21% increase at the time of writing, reaching HK$0.083, with a trading volume of HK$972,300. On the news front, GOLDSTREAM INV announced the signing of a non-binding strategic cooperation framework memorandum with FOURTH PARADIGM. According to this, they will explore possible cooperation, including strategic development and capital market initiatives. It is proposed that, based on further negotiations between the company and FOURTH PARADIGM, a series of services will be provided to FOURTH PARADIGM, with the company expecting to charge fees for the services provided. The announcement stated that the company believes the strategic cooperation memorandum is a strong proof of the company's business capabilities and potential. The directors believe that the cooperation proposed under the strategic cooperation memorandum with FOURTH PARADIGM (if implemented) represents an opportunity for the group to diversify its sources of income, and that signing the strategic cooperation memorandum is in the overall interests of the company and its shareholders.