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Beisen Holding Ltd. Engages in Significant Wealth Management Subscriptions

Story Highlights
  • Beisen Holding Ltd. subscribed to a BOC wealth management product for RMB100 million.
  • The subscriptions are discloseable transactions under Listing Rules, exempt from shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beisen Holding Ltd. Engages in Significant Wealth Management Subscriptions

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The latest update is out from Beisen Holding Ltd. ( (HK:9669) ).

Beisen Holding Ltd. announced that it has subscribed to a wealth management product from BOC for RMB100 million. This transaction, along with previous subscriptions, totals an outstanding principal amount of RMB360 million. The subscriptions are classified as discloseable transactions under the Listing Rules, requiring notification and announcement but exempt from shareholder approval.

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.

Average Trading Volume: 751,061

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.91B

For an in-depth examination of 9669 stock, go to TipRanks’ Overview page.

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