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Shenzhen Expressway Co Registers for RMB3 Billion Commercial Paper Issue

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Shenzhen Expressway Co Registers for RMB3 Billion Commercial Paper Issue

Shenzhen Expressway Co ( (HK:0548) ) has issued an announcement.

Shenzhen Expressway Co announced the successful registration for issuing super short-term commercial paper worth RMB3 billion under a general mandate approved at their 2023 annual meeting. This move, accepted by the National Association of Financial Market Institutional Investors, allows the company to strengthen its liquidity and operational flexibility over the next two years, potentially enhancing its financial stability and market position.

More about Shenzhen Expressway Co

Shenzhen Expressway Co is a joint stock limited company incorporated in China, focusing on infrastructure construction, primarily the development and management of expressways. The company plays a significant role in enhancing regional connectivity and transportation efficiency.

YTD Price Performance: -10.21%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.93B

For detailed information about 0548 stock, go to TipRanks’ Stock Analysis page.

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