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Shenzhen Expressway Co Proposes Debenture Issuance to Enhance Financial Strategy

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Shenzhen Expressway Co Proposes Debenture Issuance to Enhance Financial Strategy

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Shenzhen Expressway Co ( (HK:0548) ) has issued an announcement.

Shenzhen Expressway Co has announced a proposal for a general mandate to register and issue debentures, aiming to broaden financing channels and improve its debt structure. The proposal, which includes issuing various types of bonds up to RMB20 billion, is subject to approval at the 2024 Annual General Meeting and relevant regulatory authorities, highlighting potential impacts on the company’s financial strategy and market positioning.

More about Shenzhen Expressway Co

Shenzhen Expressway Co is a joint stock limited company incorporated in the People’s Republic of China, operating in the infrastructure industry. The company primarily focuses on the construction and management of expressways and related infrastructure projects, aiming to enhance transportation networks and improve logistics efficiency.

Average Trading Volume: 2,993,360

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.59B

For a thorough assessment of 0548 stock, go to TipRanks’ Stock Analysis page.

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