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Yuexiu Transport Infrastructure ( (HK:1052) ) has provided an update.
Yuexiu Transport Infrastructure Limited, through its subsidiary Yuexiu (China) Transport Infrastructure Investment Company Limited, is applying to the China Securities Regulatory Commission and the Shanghai Stock Exchange for the registration of a public offering of corporate bonds valued up to RMB 3.0 billion for professional investors in the PRC and intends to list these bonds on the Shanghai Stock Exchange. This move aims to leverage the capital market in China to strengthen its financial position and support its infrastructure projects. The offering is subject to regulatory approvals and could impact the company’s funding strategy and market positioning.
More about Yuexiu Transport Infrastructure
YTD Price Performance: -1.63%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $809.7M
For an in-depth examination of 1052 stock, go to TipRanks’ Stock Analysis page.
