China Resources & Transportation Group Ltd. ( (HK:0269) ) has shared an announcement.
China Resources and Transportation Group Limited has announced the fulfillment of all resumption guidance and the resumption of trading of its shares on the Hong Kong Stock Exchange. The company faced delays in publishing its financial results due to the prolonged restructuring process of its subsidiary, Zhunxing Heavy Haul Expressway, which restricted financial operations. With the resumption conditions met, including the publication of outstanding financial results and compliance with listing rules, the company aims to stabilize its market position and provide transparency to its stakeholders.
More about China Resources & Transportation Group Ltd.
China Resources and Transportation Group Limited operates primarily in the infrastructure sector, focusing on the operation of toll expressways. Its key revenue-generating asset is the Zhunxing Heavy Haul Expressway in Inner Mongolia, which significantly contributes to the company’s financial performance.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$106.4M
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