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The latest announcement is out from Shenzhen Expressway Co ( (HK:0548) ).
Shenzhen Expressway Co has announced the issuance of extendable corporate bonds in the People’s Republic of China, with a nominal value not exceeding RMB4 billion, targeting professional investors. The company plans to conduct a book-building process to determine the final coupon rate and intends to issue the second phase of these bonds, not exceeding RMB2 billion, from May 12 to May 13, 2025. This strategic financial move is expected to enhance the company’s capital structure and support its operational expansion.
More about Shenzhen Expressway Co
Shenzhen Expressway Co is a joint stock limited company incorporated in the People’s Republic of China. It operates in the infrastructure sector, primarily focusing on the construction and management of expressways and related services. The company is listed on the Stock Exchange of Hong Kong Limited, indicating its significant market presence in the region.
Average Trading Volume: 3,334,627
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.54B
For an in-depth examination of 0548 stock, go to TipRanks’ Stock Analysis page.