tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shenzhen Expressway Places RMB1 Billion in Principal-Guaranteed Structured Deposits

Story Highlights
  • Shenzhen Expressway invested RMB1 billion in two short-term, principal-guaranteed structured deposits from Jiangsu Bank.
  • The aggregated deposits constitute a discloseable transaction for Shenzhen International under Hong Kong rules but require no shareholder approval, reflecting a low-risk cash management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shenzhen Expressway Places RMB1 Billion in Principal-Guaranteed Structured Deposits

Claim 70% Off TipRanks Premium

The latest announcement is out from Shenzhen International Holdings ( (HK:0152) ).

Shenzhen Expressway, a 47.30%-owned subsidiary of Shenzhen International Holdings, has subscribed to two principal-guaranteed RMB structured deposit products issued by Jiangsu Bank, each with a subscription amount of RMB500 million, 66-day terms in early 2026, and floating returns ranging between 1.2% and 3.3%. Aggregated under Hong Kong Listing Rules due to being issued by the same bank within 12 months, these subscriptions qualify as a discloseable transaction for Shenzhen International, triggering reporting and announcement requirements but not shareholder approval, while for Shenzhen Expressway they remain exempt from reporting and shareholder approval thresholds, signaling a short-term, low-risk treasury management move rather than a change in core operations.

The most recent analyst rating on (HK:0152) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Shenzhen International Holdings stock, see the HK:0152 Stock Forecast page.

More about Shenzhen International Holdings

Shenzhen International Holdings is an investment holding company with a significant stake of about 47.30% in Shenzhen Expressway, which focuses on infrastructure-related businesses such as toll roads and related financial and capital management activities in mainland China and Hong Kong.

YTD Price Performance: -2.08%

Average Trading Volume: 3,044,806

Technical Sentiment Signal: Buy

Current Market Cap: HK$20.7B

See more insights into 0152 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1