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Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) has provided an announcement.
Shenzhen Investment Holdings Bay Area Development Company Limited has received approval from the China Securities Regulatory Commission to issue up to RMB2 billion in corporate bonds, known as Panda Bonds, to professional investors in the Chinese Mainland. These bonds, which may be issued in multiple tranches over 24 months, are proposed to be listed on the Shenzhen Stock Exchange, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (HK:0737) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Shenzhen Investment Holdings Bay Area Development Company stock, see the HK:0737 Stock Forecast page.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited, a subsidiary of Shenzhen Expressway Corporation Limited, operates in the infrastructure development sector. It focuses on investments and developments within the Bay Area, with a significant market presence in the Chinese Mainland.
Average Trading Volume: 166,571
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.82B
For detailed information about 0737 stock, go to TipRanks’ Stock Analysis page.