Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Beijing Enterprises Holdings ( (HK:0392) ) just unveiled an update.
Beijing Enterprises Holdings Limited, through its wholly-owned subsidiary Talent Yield European Limited, has entered into a facility agreement with a bank for a term of up to three years, securing a loan of up to EUR500 million. This agreement includes conditions related to the company’s controlling shareholder, Beijing Enterprises Group Company Limited, ensuring it maintains a significant shareholding and control, which underscores the company’s strategic alignment with the People’s Government of Beijing Municipality.
The most recent analyst rating on (HK:0392) stock is a Hold with a HK$35.00 price target. To see the full list of analyst forecasts on Beijing Enterprises Holdings stock, see the HK:0392 Stock Forecast page.
More about Beijing Enterprises Holdings
Beijing Enterprises Holdings Limited is a diversified conglomerate based in Hong Kong, primarily engaged in public utilities, beer, property development, and technology. The company is focused on expanding its market presence and maintaining its position as a leading enterprise in these sectors.
Average Trading Volume: 1,148,985
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.15B
Find detailed analytics on 0392 stock on TipRanks’ Stock Analysis page.