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The latest update is out from Beijing Energy International Holding ( (HK:0686) ).
Beijing Energy International Holding Co., Ltd. announced a delay in its major acquisition process due to pending approval from the Australian Foreign Investment Review Board (FIRB). The acquisition, structured as a scheme of arrangement, faces potential termination if the parties involved cannot reach an agreement following the unmet condition precedent. The company plans to postpone the dispatch of a circular to shareholders until the acquisition’s progress is confirmed, with a new deadline set for March 2026.
The most recent analyst rating on (HK:0686) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Energy International Holding stock, see the HK:0686 Stock Forecast page.
More about Beijing Energy International Holding
Beijing Energy International Holding Co., Ltd. operates in the energy sector, focusing on renewable energy projects and investments. The company is involved in the development, construction, and management of solar power plants and other renewable energy initiatives, primarily targeting markets with growing demand for sustainable energy solutions.
Average Trading Volume: 630,257
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.46B
For detailed information about 0686 stock, go to TipRanks’ Stock Analysis page.