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An update from TravelSky Technology ( (HK:0696) ) is now available.
TravelSky Technology has approved a three-year extension of its Service Framework Agreement with its connected company TravelSky Mobile Tech, under which TravelSky Mobile Tech will continue to provide technology development, product R&D, technical support, and operation and maintenance services from 1 January 2026 to 31 December 2028, with the possibility of two further three-year renewals if neither party objects in writing. The renewed arrangement, which qualifies as a continuing connected transaction under Hong Kong listing rules, will remain subject to reporting, annual review and announcement requirements but is exempt from independent shareholders’ approval, underpinning the company’s long-term technology support structure and clarifying compliance obligations for stakeholders as it maintains and develops services for airline and airport clients.
The most recent analyst rating on (HK:0696) stock is a Buy with a HK$14.70 price target. To see the full list of analyst forecasts on TravelSky Technology stock, see the HK:0696 Stock Forecast page.
More about TravelSky Technology
TravelSky Technology is a joint stock limited company incorporated in the People’s Republic of China and listed in Hong Kong, focused on providing technology development, product research and development, technical support, and operation and maintenance services, primarily serving aviation-related customers such as airlines and airports through its own platforms and controlled affiliates.
Average Trading Volume: 8,256,530
Technical Sentiment Signal: Sell
Current Market Cap: HK$31.72B
For detailed information about 0696 stock, go to TipRanks’ Stock Analysis page.