Anhui Expressway Completes H Share Issuance to Anhui Transportation Holding Hong Kong

Anhui Expressway Company ( (HK:0995) ) has shared an announcement.

Anhui Expressway Company Limited has completed the issuance of 49,981,889 new H Shares to Anhui Transportation Holding Hong Kong under a general mandate, raising net proceeds of HK$522,310,740.05. This transaction has adjusted the company’s shareholding structure, increasing the total issued share capital and potentially strengthening its financial position and market presence.

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, operating in the transportation infrastructure industry. The company primarily focuses on the development, operation, and management of expressways and related services, with a market focus on enhancing transportation networks within Anhui Province and beyond.

YTD Price Performance: 16.79%

Average Trading Volume: 2,014,340

Technical Sentiment Signal: Buy

Current Market Cap: HK$28.74B

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