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The latest update is out from Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ).
Shenzhen Investment Holdings Bay Area Development Company has entered into an agreement with Guangzhou North Second Ring Company for the construction and management of the Huocun Interchange Project. This project is a significant infrastructure development involving the reconstruction of a major interchange hub with 12 ramps, aimed at enhancing connectivity in the region. The agreement outlines comprehensive responsibilities for the construction management, including project surveying, design, and maintenance, with an expected completion timeline of five years. This transaction is classified as a discloseable transaction under the Hong Kong Listing Rules, indicating its importance but not requiring shareholder approval.
More about Shenzhen Investment Holdings Bay Area Development Company
YTD Price Performance: 2.12%
Average Trading Volume: 215,958
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.49B
See more data about 0737 stock on TipRanks’ Stock Analysis page.