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Anhui Expressway Company ( (HK:0995) ) has shared an update.
Anhui Expressway Company Limited announced the formation of a joint venture company with members of the S98 Consortium to implement the S98 Quanjiao to Lukou Expressway Anhui Section project. The joint venture, with a total capital contribution of up to RMB1.01 billion, aims to enhance regional transportation infrastructure. The transaction is classified as a connected transaction under the Listing Rules, involving significant stakeholders like Anhui Transportation Holding Group and its subsidiaries, and is subject to reporting and announcement 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, incorporated in the People’s Republic of China, operates in the transportation infrastructure industry. The company is primarily involved in the construction and management of expressways, focusing on enhancing regional connectivity and supporting economic development.
Average Trading Volume: 1,958,896
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.28B
For detailed information about 0995 stock, go to TipRanks’ Stock Analysis page.