Shenzhen Expressway Puts RMB1.2 Billion Idle Funds Into Bank of China Structured Deposit

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

Shenzhen Expressway, a subsidiary of Shenzhen International focused on toll roads and environmental protection, has subscribed to a principal-guaranteed structured deposit product worth RMB1.2 billion issued by Bank of China. The 89-day product, running from 3 April to 1 July 2026, offers a floating return between 0.6% and 2.36%, and is treated as a discloseable transaction under Hong Kong listing rules, requiring reporting and announcement but no shareholder approval.

The company is deploying a portion of temporarily idle A-share issuance proceeds into this short-term cash management tool to enhance fund utilisation efficiency while safeguarding capital. Management argues the move carries controllable risk, will help preserve and increase the value of raised funds, and is in the interests of Shenzhen Expressway, Shenzhen International and their shareholders by modestly improving overall returns without disrupting existing investment plans.

The most recent analyst rating on (HK:0548) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Shenzhen Expressway Co stock, see the HK:0548 Stock Forecast page.

More about Shenzhen Expressway Co

Shenzhen Expressway and its subsidiaries are mainly engaged in the investment, construction, operation and management of toll highways, as well as general environmental protection businesses. Its parent, Shenzhen International, operates across logistics, toll roads, ports and environmental protection, with a strategic focus on China’s key economic clusters including the Greater Bay Area, the Yangtze River Delta and the Beijing-Tianjin-Hebei region.

Average Trading Volume: 2,045,640

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$24.59B

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