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Guangshen Railway Company ( (HK:0525) ) has shared an update.
Guangshen Railway Company has entered into a Comprehensive Services Framework Agreement with CSRG to facilitate mutual provision of services between the two groups. This agreement outlines proposed annual caps for various services over the next three years, indicating significant financial commitments and strategic collaboration. The transactions are classified as continuing connected transactions under the Listing Rules, necessitating approval from independent shareholders and adherence to reporting and review requirements.
The most recent analyst rating on (HK:0525) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Guangshen Railway Company stock, see the HK:0525 Stock Forecast page.
More about Guangshen Railway Company
Guangshen Railway Company is a joint stock limited company incorporated in the People’s Republic of China, operating in the railway transportation industry. The company primarily provides railway transportation services and related services, focusing on enhancing connectivity and efficiency in the transportation sector.
Average Trading Volume: 13,989,128
Technical Sentiment Signal: Buy
Current Market Cap: HK$24.39B
For detailed information about 0525 stock, go to TipRanks’ Stock Analysis page.