Sino United Worldwide Consolidated Ltd. (OTCMKTS:SUIC) Stock Falls a But After Recent Jump

Shares of Sino United Worldwide Consolidated Ltd. (OTCMKTS:SUIC) pulled back a bit after recent rally.

Trading Data

On Wednesday, SUIC stock decreased by 1.25% to $0.6024 with more 9.9k shares, compared to its average volume of 23.34K shares. The stock has moved within a range of $0.5900 – 0.6048 after opening trade at $0.59.

SUIC Malaysia Partner and Director Eeu is Leading a Top Technology Team to Launch Beneway Group’s New Age Banking Platform

Sino United Worldwide Consolidated Ltd. (OTCMKTS:SUIC) has extended a warm welcome to its SUIC Malaysia partner and headquarter Director Eeu as he joins the group’s global marketing. He is set to spearhead a stellar technology team so SUIC Midas Touch can capitalize on growth opportunities, on the heels of the launch of Beneway Group’s New Age Banking platform.

Needless to say, this move will position Beneway Group as one of the market leaders. Director Eeu is set to appear on the Fox Business TV interview in January 2022, to talk about and promote the groups plans for APAC and global expansions, including marketing activities in 8 Southeast Asian countries in the upcoming year.

SUIC, Midas Touch and Beneway Group and their partner PSP’s, merchants and customers, will surely benefit from the support of Director Eeu and his technology company that will deploy the Starry Marketing campaigns and activities around the Southeast Asian region. Information and training webinars will be organized too, for providing the local partner PSP’s, SME merchants, distributors and customers valuable insights about the platforms, products and services that the group offers.

The combination of SUIC, Midas Touch and Beneway Group’s PSP/ new age fintech ecosystems allows partners and customers access to better credit, excellent training, current data, and digital tools, so they have more fresh financing and payment options.

Key Quote

“We are confident that Director Eeu will bring outstanding leadership and domain expertise that will be foundational to our group. All of us are optimistic as we scale our commercial reach to achieve the potential for improved digitalization, better access to credit and constant upskilling in the Southeast Asian region as we commence our Starry Marketing™ campaign in the 8 countries of Southeast Region and beyond to reach Australia, India and Canada.” said Yanru Zhou, CEO of SUIC.

Technical Data

SUIC stock is trading in the neutral zone with RSI at 35. The stock has pivot supports at 0.5785, 0.5843, 0.5933      and resistances at 0.6081, 0.6139, 0.6229. The stock is down 26% in the past month.