正式生效，又一港股私有化退市，周五摘牌

Core Viewpoint - Beijing Construction has successfully completed its privatization and delisting process, which is seen as a win-win situation for both the controlling shareholders and minority shareholders [3][6]. Group 1: Privatization Details - The privatization plan was approved by the court and the shareholders' meeting, becoming effective on August 27, with shares delisted from the Hong Kong Stock Exchange on August 29 [1][3]. - The controlling shareholder, North Control Group, holds significant stakes in Beijing Construction, with North Control Real Estate (Hong Kong) owning 36.26% and Haoming Holdings 22.35% [7]. - The privatization offer was made at HKD 0.14 per share, representing a 250% premium over the pre-suspension price of HKD 0.04 [7][8]. Group 2: Financial Context - Beijing Construction has faced continuous losses and a stock price that has remained below net asset value, limiting its ability to raise funds from the capital markets [3][8]. - The company has experienced low liquidity, making it difficult for investors to sell shares at favorable prices, thus the privatization offers an attractive exit opportunity for public shareholders [8]. Group 3: Market Trends - A total of 36 companies have delisted from the Hong Kong Stock Exchange this year, with 17 through privatization and 17 through cancellation of listing status [10]. - The real estate sector has seen the highest number of delistings, with eight companies, including notable cases like China Evergrande [10][11].