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The latest update is out from Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ).
Chengdu Expressway Co., Ltd. has announced a significant development in its Chengwenqiong Expressway Expansion Project with the signing of a civil construction contract for the TJ6 bidding section. The contract, valued at RMB779,814,935, was awarded to Xinjiang Beixin Road & Bridge Group and involves the construction of a 9.09-kilometer section featuring roadbase, bridges, and interchanges. This expansion aims to enhance the expressway’s capacity and efficiency, reflecting the company’s strategic focus on infrastructure development and its potential impact on regional connectivity.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. operates in the infrastructure industry, focusing on the investment, construction, and management of expressway projects in China. The company is involved in expanding and maintaining expressway networks to improve transportation efficiency.
Average Trading Volume: 89,820
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.48B
For a thorough assessment of 1785 stock, go to TipRanks’ Stock Analysis page.