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The latest update is out from Shenzhen Expressway Co ( (HK:0548) ).
Shenzhen Expressway Co announced the completion of its Phase I Corporate Bonds issuance in the PRC, raising RMB2.3 billion. The bonds, issued at RMB100 each with a five-year term and a final coupon rate of 2.29%, were aimed at professional investors and are expected to strengthen the company’s financial position and support its infrastructure projects.
More about Shenzhen Expressway Co
Shenzhen Expressway Co is a joint stock limited company based in the People’s Republic of China, primarily involved in the development, operation, and management of toll highways and expressways. The company focuses on infrastructure projects within China, catering to both public and professional investors.
YTD Price Performance: -7.02%
Average Trading Volume: 533
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.96B
For a thorough assessment of 0548 stock, go to TipRanks’ Stock Analysis page.