Readcrest Capital AG

EXJ

Equity

ISIN DE000A1E89S5 / Valor 12194991

Xetra (2025-03-14)

EUR 1.02%

Readcrest Capital AG
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About company

Readcrest Capital AG, previously known as Business Media China AG (BMC), has undergone significant transformation since its inception. Initially focused on outdoor advertising and organizing trade fairs and exhibitions in various sectors such as cosmetics and opto-electronics, BMC shifted its business model due to challenging economic conditions and strategic realignments between 2009 and 2010, which included divesting its trade fair operations and discontinuing its outdoor advertising segment. Following the acquisition by Golden Tiger Investment Ltd. (GTI) as a major shareholder, the company aimed to pivot towards becoming a consulting and brokerage firm within the energy sector, facilitating Western companies' entry and growth in the Chinese market. However, after a period of inactivity post-liquidation in 2015, the company was revived in 2017 with a new name, Readcrest Capital AG, and relocated its headquarters to Hamburg.

Summarized from source with an LLMView SourceSector: Finance

Latest Results ():

Summarized from source with an LLMView Source

Key figures

0.99%1Y

-5.56%3Y

137%5Y

Performance

37.7%1Y

103%3Y

144%5Y

Volatility