Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hainan Meilan International Airport Company ( (HK:0357) ) just unveiled an update.
Hainan Airport Infrastructure Co., Ltd. has satisfied all conditions necessary to acquire approximately 50.19% shareholding in Hainan Meilan International Airport Company Limited. This acquisition, along with the potential mandatory cash offers for remaining shares, marks a significant step in consolidating control over the airport operations, potentially impacting stakeholders by enhancing operational synergies and market positioning.
The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.
More about Hainan Meilan International Airport Company
Hainan Meilan International Airport Company Limited is a joint stock company incorporated in the People’s Republic of China, operating within the airport infrastructure industry. The company is primarily focused on managing and developing airport facilities and services, with a market focus on domestic and international air travel.
Average Trading Volume: 1,384,780
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.96B
For a thorough assessment of 0357 stock, go to TipRanks’ Stock Analysis page.