Beijing Energy International Holding Co., Ltd. (HK:0686) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Beijing Energy International Holding Co., Ltd. has announced the formation of a new Limited Partnership with partners Beijing Guodian, BEIED, and Huadian Gaintime, focusing on equity and debt investments in new energy and related fields. The partnership, which has a total capital commitment of RMB2,125 million, will become a subsidiary of Beijing Energy, with its financial results consolidated into the company’s financial statements. The deal is classified as a discloseable transaction under the Hong Kong Stock Exchange rules due to its size.
For further insights into HK:0686 stock, check out TipRanks’ Stock Analysis page.
