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An update from Anhui Expressway Company ( (HK:0995) ) is now available.
Anhui Expressway Company Limited has announced the signing of contracts with a consortium for the design and construction of electromechanical equipment retrofits and system maintenance. These transactions, involving subsidiaries of the controlling shareholder Anhui Transportation Holding Group, are classified as continuing connected transactions under the Listing Rules. While exempt from independent shareholders’ approval, they are subject to reporting and review requirements, indicating a strategic move to enhance infrastructure capabilities.
The most recent analyst rating on (HK:0995) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Anhui Expressway Company stock, see the HK:0995 Stock Forecast page.
More about Anhui Expressway Company
Anhui Expressway Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the construction and maintenance of expressways and related infrastructure. The company operates within the transportation sector, focusing on enhancing road systems through electromechanical equipment retrofits and maintenance services.
Average Trading Volume: 1,577,675
Technical Sentiment Signal: Buy
Current Market Cap: HK$23.63B
Learn more about 0995 stock on TipRanks’ Stock Analysis page.