Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Shenzhen Expressway Co ( (HK:0548) ) just unveiled an announcement.
Shenzhen Expressway Co has successfully completed the issuance of its Phase I Renewable Corporate Bonds in the PRC, raising a total of RMB2 billion. The issuance was divided into two types, with Type I bonds having a term of 3+N years and a coupon rate of 2.05%, and Type II bonds having a term of 5+N years and a coupon rate of 2.20%. This strategic financial move is expected to support the company’s ongoing infrastructure projects and strengthen its market position.
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 other transportation-related projects. The company is listed on the Stock Exchange of Hong Kong Limited.
YTD Price Performance: -11.38%
Average Trading Volume: 533
Technical Sentiment Signal: Buy
Current Market Cap: $3.43B
See more data about 0548 stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money