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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) has provided an update.
Chengdu Expressway Co., Ltd. has formalized the terms of reference for a newly established Strategy and Development Committee under its board of directors, aiming to strengthen long-term strategic planning, major investment decision-making and overall corporate governance. The three‑member committee, led by a chairman appointed by the board, will design the company’s strategic framework, review medium- and long-term development plans, scrutinize major financing and investment projects, and advise on capital operations, asset management, and corporate reorganizations that require board or shareholder approval, signaling a more structured and centralized approach to strategic decisions that may enhance oversight and decision quality for investors and other stakeholders.
The most recent analyst rating on (HK:1785) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Chengdu Expressway Co., Ltd. Class H stock, see the HK:1785 Stock Forecast page.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a PRC-incorporated joint stock company whose core business centers on the investment, construction, operation and management of expressways and related infrastructure, serving the transportation needs of Chengdu and surrounding regions and operating within the regulated toll-road and infrastructure sector in Hong Kong’s capital market.
Average Trading Volume: 1,252,903
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.49B
For a thorough assessment of 1785 stock, go to TipRanks’ Stock Analysis page.