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An update from Brilliance China Automotive Holdings ( (HK:1114) ) is now available.
Brilliance China Automotive Holdings Limited has entered into several framework agreements with Shenyang Automobile Group, effective from May 20, 2025, to December 31, 2026. These agreements cover the sale of automotive components and automobiles, as well as the provision of services. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, with some requiring independent shareholder approval due to their scale. The company has formed an Independent Board Committee and appointed an Independent Financial Adviser to guide shareholders through the approval process.
The most recent analyst rating on (HK:1114) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Brilliance China Automotive Holdings stock, see the HK:1114 Stock Forecast page.
More about Brilliance China Automotive Holdings
Brilliance China Automotive Holdings Limited is a company incorporated in Bermuda, primarily operating in the automotive industry. The company focuses on the production and sale of automobiles and automotive components, with a significant market presence in China.
Average Trading Volume: 59,589,097
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$14.83B
See more insights into 1114 stock on TipRanks’ Stock Analysis page.
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