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An update from Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) is now available.
Shenzhen Investment Holdings Bay Area Development Company Limited announced the merging of its RMB-traded and HKD-traded shares registers, effective March 31, 2025, to align with HKEX’s enhanced settlement arrangement. This strategic move aims to streamline operations by maintaining a single register of members, thereby enhancing trading scalability and eliminating the need for inter-counter transfers, which could positively impact stakeholders by simplifying trading processes.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited operates in the investment and development sector, focusing on infrastructure projects. It is notable for being the first listed company to offer both RMB-traded and HKD-traded shares under the DTDC model, indicating a strong market focus on dual currency trading.
YTD Price Performance: 0.45%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $740.9M
Learn more about 0737 stock on TipRanks’ Stock Analysis page.