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Beisen Holding Ltd. Expands Wealth Management Portfolio

Story Highlights
  • Beisen Holding Ltd. subscribed to wealth management products totaling RMB110 million.
  • These transactions are discloseable under Hong Kong’s Listing Rules, requiring notification but not shareholder approval.
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Beisen Holding Ltd. Expands Wealth Management Portfolio

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An announcement from Beisen Holding Ltd. ( (HK:9669) ) is now available.

Beisen Holding Ltd. announced its recent subscriptions to wealth management products from BOC and XIB, totaling RMB110 million. These transactions are classified as discloseable under Hong Kong’s Listing Rules, requiring notification and announcement but exempt from shareholder approval, reflecting the company’s strategic financial management efforts.

More about Beisen Holding Ltd.

Beisen Holding Ltd. is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on wealth management products.

YTD Price Performance: 26.51%

Average Trading Volume: 402,957

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$3.93B

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

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