Sinotrans Limited Lists Infrastructure REIT on Shanghai Stock Exchange

Sinotrans ( (HK:0598) ) has issued an announcement.

Sinotrans Limited has successfully listed its BOC Sinotrans Warehousing and Logistics Closed-end Infrastructure Securities Investment Fund (Sinotrans REIT) on the Shanghai Stock Exchange. The listing aims to revitalize existing infrastructure assets, broaden financing channels, and enhance the company’s sustainable operating ability, with an expected positive impact on financial indicators, including an anticipated increase in net profit by approximately RMB 390 million in 2025.

The most recent analyst rating on (HK:0598) stock is a Sell with a HK$3.60 price target. To see the full list of analyst forecasts on Sinotrans stock, see the HK:0598 Stock Forecast page.

More about Sinotrans

Sinotrans Limited is a joint stock company incorporated in China, operating in the logistics and warehousing industry. It focuses on providing comprehensive logistics services and infrastructure solutions.

Average Trading Volume: 8,204,519

Technical Sentiment Signal: Buy

Current Market Cap: HK$40.03B

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