TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Build King Holdings ( (HK:0240) ).
Build King Holdings Limited has entered into a new 2026 Framework Agreement with Wai Kee to purchase concrete for its construction projects from 2026 to 2028. This agreement, which renews the previous 2023 Framework Agreement, is crucial for ensuring a stable supply of concrete for the company’s ongoing and future projects. The agreement is subject to regulatory approval due to Wai Kee’s status as a majority shareholder, and the proposed transactions exceed certain financial thresholds, necessitating independent shareholder approval.
The most recent analyst rating on (HK:0240) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Build King Holdings stock, see the HK:0240 Stock Forecast page.
More about Build King Holdings
Build King Holdings Limited is an investment holding company primarily engaged in construction projects in Hong Kong and the PRC. The company also operates in environmental and waste management and marine engineering sectors.
Average Trading Volume: 471,378
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.91B
Learn more about 0240 stock on TipRanks’ Stock Analysis page.