NaaS Technology Partners With ZSY To Promote Financial Innovation In Energy Services
Portfolio Pulse from Shivani Kumaresan
NaaS Technology Inc (NASDAQ:NAAS) has partnered with Shenzhen ZSY Financial Services Co Ltd to promote financial innovation in the energy sector. The collaboration will focus on new energy industry financial innovation and new energy assets securitization. The partnership aims to integrate new energy business and financial services to boost a low-carbon energy industry. NaaS' year-to-date fundraising has reached $91 million. Its parent company, NewLink, has partnered with China Construction Bank (CCB) for integrated financial services support.

September 29, 2023 | 12:52 pm
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NaaS Technology's partnership with Shenzhen ZSY Financial Services could boost its position in the energy sector. However, the company's shares closed lower by 17.69% at $3.77 on Thursday.
The partnership with Shenzhen ZSY Financial Services could potentially boost NaaS Technology's position in the energy sector, which could attract investors. However, the recent drop in share price indicates market uncertainty, which could impact the stock's performance in the short term.
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