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The latest update is out from Jiangsu Expressway Co ( (HK:0177) ).
Jiangsu Expressway Company Limited announced an extension of the term for the Luode Huizhi Fund, a partnership in which its subsidiary, Ninghu Investment Company, has invested RMB500 million. The extension, approved by the company’s board, aims to ensure the orderly withdrawal of invested projects and maximize returns for partners. The fund, originally set to expire in 2025, will now extend to 2030, reflecting the company’s strategic focus on maintaining operational stability and optimizing investment outcomes.
The most recent analyst rating on (HK:0177) stock is a Buy with a HK$9.70 price target. To see the full list of analyst forecasts on Jiangsu Expressway Co stock, see the HK:0177 Stock Forecast page.
More about Jiangsu Expressway Co
Jiangsu Expressway Company Limited is a joint-stock limited company established in the People’s Republic of China. It operates in the infrastructure sector, primarily focusing on the development and management of expressways. The company is involved in external investments through its wholly-owned subsidiary, Jiangsu Ninghu Investment Development Co., Ltd.
Average Trading Volume: 6,253,987
Technical Sentiment Signal: Buy
Current Market Cap: HK$76.65B
See more data about 0177 stock on TipRanks’ Stock Analysis page.