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An update from Yuexiu Transport Infrastructure ( (HK:1052) ) is now available.
Yuexiu Transport Infrastructure announced a voluntary application by its subsidiary, Yuexiu (China) Transport Infrastructure Investment Company Limited, to the China Securities Regulatory Commission and the Shanghai Stock Exchange. The application is for the registration of a public offering of corporate bonds, amounting to up to RMB3.0 billion, aimed at professional investors in the PRC. The corporate bonds have received a ‘AAA’ credit rating from China Chengxin International Credit Rating Co., Ltd., which could positively impact the company’s financial position and investor confidence.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure Limited operates within the infrastructure industry, primarily focusing on transport infrastructure investments. The company is involved in the development, investment, and management of transport-related projects, with a market focus on the People’s Republic of China.
YTD Price Performance: -2.65%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $812.8M
See more insights into 1052 stock on TipRanks’ Stock Analysis page.
