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Beijing Capital International Airport Co ( (HK:0694) ) has shared an announcement.
Beijing Capital International Airport Co has announced a connected transaction involving an Assets Transfer Agreement with its Parent Company for the Western Runway Overhaul Project. The agreement, valued at approximately RMB326.7 million, involves the acquisition of target assets and is subject to certain conditions, including the completion of valuation filings with the CAAC and the Ministry of Finance. This transaction is significant as it underscores the company’s strategic efforts to enhance its infrastructure, potentially impacting its operational efficiency and market position within the aviation sector.
The most recent analyst rating on (HK:0694) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Beijing Capital International Airport Co stock, see the HK:0694 Stock Forecast page.
More about Beijing Capital International Airport Co
Beijing Capital International Airport Co is a company operating in the aviation industry, focusing on airport management and operations. It is involved in the development and management of airport facilities, providing services to airlines and passengers, and is a key player in the Chinese aviation market.
Average Trading Volume: 10,893,750
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.05B
See more insights into 0694 stock on TipRanks’ Stock Analysis page.