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Beisen Holding Ltd. Advances in Acquisition and Share Transaction

Story Highlights
  • Beisen’s acquired entity secured an ICP License for its online training platform.
  • The Concurrent Share Transaction is ongoing with a new completion date under discussion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beisen Holding Ltd. Advances in Acquisition and Share Transaction

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Beisen Holding Ltd. ( (HK:9669) ) has shared an update.

Beisen Holding Ltd. announced that its acquired entity, Kuxuan (Beijing) Technology Co., Ltd., has obtained the necessary ICP License to operate its online training platform in China, marking a significant step in its business operations. The company also updated stakeholders on the ongoing Concurrent Share Transaction, which is still in progress, with discussions on a new completion date underway.

The most recent analyst rating on (HK:9669) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on Beisen Holding Ltd. stock, see the HK:9669 Stock Forecast page.

More about Beisen Holding Ltd.

Beisen Holding Ltd. operates in the technology sector and focuses on providing online training courses through its information platform in the Chinese Mainland. The company is involved in acquiring and integrating technology firms to enhance its service offerings.

Average Trading Volume: 1,035,500

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.8B

See more insights into 9669 stock on TipRanks’ Stock Analysis page.

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