Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Beijing Saimo Technology Co. Ltd. Class H ( (HK:2571) ) has provided an announcement.
Beijing Saimo Technology Co., Ltd., through its wholly-owned subsidiary, has made significant acquisitions of Ruifeng Power shares on the open market. The company acquired a total of 10,920,000 shares, with the first transaction occurring on September 19, 2025, for approximately HK$29.9 million, and the second on October 16, 2025, for approximately HK$69.6 million. These acquisitions, when aggregated, constitute a discloseable transaction under the Hong Kong Listing Rules, requiring reporting and announcement but exempt from shareholder approval.
The most recent analyst rating on (HK:2571) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on Beijing Saimo Technology Co. Ltd. Class H stock, see the HK:2571 Stock Forecast page.
More about Beijing Saimo Technology Co. Ltd. Class H
Average Trading Volume: 63,001
Technical Sentiment Signal: Strong Sell
For an in-depth examination of 2571 stock, go to TipRanks’ Overview page.