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Beijing Media Reclassifies Metro Line Agreements as Major Transaction

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Beijing Media Reclassifies Metro Line Agreements as Major Transaction

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Beijing Media Corp. Ltd. Class H ( (HK:1000) ) has issued an announcement.

Beijing Media Corporation Limited announced a reclassification of its transaction regarding the 2026 Beijing Metro Line 4 and Daxing Line, and Line 17 Exclusive Concession Rights Agreements with Beijing MTR. The transaction, initially considered discloseable, is now classified as a major transaction due to revised percentage ratios, requiring additional reporting and shareholder approval.

The most recent analyst rating on (HK:1000) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Beijing Media Corp. Ltd. Class H stock, see the HK:1000 Stock Forecast page.

More about Beijing Media Corp. Ltd. Class H

Beijing Media Corporation Limited is a joint stock company incorporated in the People’s Republic of China, focusing on media-related services and operations.

Average Trading Volume: 23,795

Technical Sentiment Signal: Sell

Current Market Cap: HK$116.4M

Find detailed analytics on 1000 stock on TipRanks’ Stock Analysis page.

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