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Beijing Media Extends Management Agreement with Capital Group

Story Highlights

Beijing Media Corp. Ltd. Class H ( (HK:1000) ) just unveiled an update.

Beijing Media Corporation Limited has announced an extension of its entrust management agreement with Beijing Capital Group Company Limited, originally set to expire in June 2025, for an additional five years until June 2030. This extension, agreed upon by Beijing Youth Daily Agency and the China Communist Youth League Beijing Committee, does not alter the existing management arrangements and is not expected to impact the company’s operations adversely.

More about Beijing Media Corp. Ltd. Class H

Beijing Media Corporation Limited operates in the media industry and is incorporated in the People’s Republic of China. The company is involved in various media-related services and is controlled by Beijing Youth Daily Agency, with management entrusted to Beijing Capital Group Company Limited.

Average Trading Volume: 8,617

Technical Sentiment Signal: Hold

Current Market Cap: HK$78.92M

See more insights into 1000 stock on TipRanks’ Stock Analysis page.

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