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An announcement from Beijing Media Corp. Ltd. Class H ( (HK:1000) ) is now available.
Beijing Media Corporation Limited has secured exclusive concession rights for advertising on Beijing Metro Line 4, Daxing Line, and the entire Beijing Metro Line 17, effective from January 1, 2024, to December 31, 2025. The agreements include an extension option and a unified pricing model for concession fees, aiming to optimize revenue and maintain market dominance in Beijing’s metro advertising industry.
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 operates in the advertising industry, focusing on major advertising resources in metro lines. The company primarily provides advertising services and holds exclusive concession rights for advertising in Beijing Metro lines, enhancing its market share in Beijing’s metro advertising sector.
Average Trading Volume: 22,820
Technical Sentiment Signal: Hold
Current Market Cap: HK$116.4M
See more insights into 1000 stock on TipRanks’ Stock Analysis page.