tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beijing Enterprises Water Group Renews Financial Service Agreements with ABC Group

Story Highlights
  • Beijing Enterprises Water Group renews annual caps for CCT with ABC Group for 2026-2028.
  • Transactions with ABC Group are deemed fair and exempt from certain Listing Rules requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beijing Enterprises Water Group Renews Financial Service Agreements with ABC Group

Claim 50% Off TipRanks Premium and Invest with Confidence

Beijing Enterprises Water Group ( (HK:0371) ) has shared an announcement.

Beijing Enterprises Water Group has announced the renewal and setting of annual caps for Continuing Connected Transactions (CCT) with ABC Group, a principal banking partner, for the financial years ending 2026, 2027, and 2028. The transactions, which include deposit services, settlement, and other financial services, are deemed fair and reasonable by the Board and independent non-executive Directors, and are exempt from certain reporting and approval requirements under the Listing Rules.

The most recent analyst rating on (HK:0371) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Beijing Enterprises Water Group stock, see the HK:0371 Stock Forecast page.

More about Beijing Enterprises Water Group

YTD Price Performance: 4.84%

Average Trading Volume: 28,124,159

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.74B

For an in-depth examination of 0371 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1