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Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) has shared an update.
Shenzhen Investment Holdings Bay Area Development Company Limited has announced a new agreement for the operation and maintenance of the Coastal Expressway (Shenzhen Section) from 2025 to 2027. This agreement, entered into with the Operation Development Company, is a continuing connected transaction under the Hong Kong Listing Rules. The arrangement is exempt from certain requirements due to the applicable percentage ratios, thus only subject to announcement and reporting obligations. This development ensures the continued smooth operation of the expressway, impacting the company’s operational stability and stakeholder interests.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited is a company incorporated in the Cayman Islands, primarily involved in infrastructure development and management. It operates in the Hong Kong market with stock codes 737 (HKD counter) and 80737 (RMB counter).
Average Trading Volume: 139,528
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.76B
For a thorough assessment of 0737 stock, go to TipRanks’ Stock Analysis page.