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Shenzhen Expressway Receives Approval for RMB4 Billion Bond Issue

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Shenzhen Expressway Receives Approval for RMB4 Billion Bond Issue

Confident Investing Starts Here:

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

Shenzhen Expressway Corporation Limited has received approval from the China Securities and Regulatory Committee to issue renewable corporate bonds worth up to RMB4 billion to professional investors. This move allows the company to enhance its financial flexibility by issuing the bonds in tranches over the next 24 months, potentially strengthening its market position and supporting future infrastructure projects.

More about Shenzhen Expressway Co

Shenzhen Expressway Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates within the infrastructure industry, primarily focusing on the development, operation, and management of toll roads and expressways.

YTD Price Performance: -10.0%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.97B

Learn more about 0548 stock on TipRanks’ Stock Analysis page.

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