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Shenzhen International Holdings ( (HK:0152) ) has shared an announcement.
Shenzhen International Holdings, along with its subsidiaries Shenzhen Expressway and Bay Area Development, announced a significant capital contribution to GSZ Company, totaling RMB7,300 million. This strategic move, involving Hopewell China Development and Guangdong Highway Construction, aims to enhance equity interests and strengthen its operational capacity in the infrastructure domain, with Shenzhen International and its subsidiaries positioning themselves to meet regulatory requirements while optimizing shareholder interests.
More about Shenzhen International Holdings
Shenzhen International Holdings operates within the infrastructure and logistics sector, primarily focusing on the development, investment, and management of toll roads, logistics centers, and port operations. The company aims to enhance connectivity and efficiency in these areas, supporting economic growth and regional development.
YTD Price Performance: 0.98%
Average Trading Volume: 1,999
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.24B
See more data about 0152 stock on TipRanks’ Stock Analysis page.
