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An update from Guangshen Railway Company ( (HK:0525) ) is now available.
Guangshen Railway Company has entered into two easement agreements with Guangshan Company and GRGC’s Guangzhou Headquarters to facilitate the construction of the new Guangzhou (Xintang)–Shanwei Railway Project. These agreements involve land use arrangements at Xintang Station and the Zengcheng Section, with financial considerations of RMB140.5512 million and RMB208.9367 million, respectively. The transactions are classified as connected transactions under Hong Kong’s Listing Rules due to GRGC’s significant shareholding in Guangshen Railway, but they are exempt from certain approval requirements.
The most recent analyst rating on (HK:0525) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Guangshen Railway Company stock, see the HK:0525 Stock Forecast page.
More about Guangshen Railway Company
Average Trading Volume: 13,647,396
Technical Sentiment Signal: Buy
Current Market Cap: HK$24.33B
For detailed information about 0525 stock, go to TipRanks’ Stock Analysis page.