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Anhui Expressway Boosts Stake in Transportation Information Industry

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Anhui Expressway Boosts Stake in Transportation Information Industry

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An update from Anhui Expressway Company ( (HK:0995) ) is now available.

Anhui Expressway Company Limited announced a capital injection into Anhui Transportation Information Industry, increasing its equity interest from 10% to 36.76%. This transaction, involving a RMB95 million investment, is a connected transaction under the Listing Rules, exempt from independent shareholder approval but subject to reporting and review requirements.

The most recent analyst rating on (HK:0995) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Anhui Expressway Company stock, see the HK:0995 Stock Forecast page.

More about Anhui Expressway Company

Anhui Expressway Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily involved in the transportation industry. The company focuses on infrastructure development and management, particularly in expressway operations and related services.

Average Trading Volume: 1,822,974

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$27.37B

For detailed information about 0995 stock, go to TipRanks’ Stock Analysis page.

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