Zhejiang Expressway Co., Ltd.

576 CNE1000004S4

Highways & Rail Tracks

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
5.14 ^HKD	+0.19%		+1.58%	-1.34%

Apr. 02	Zhejiang Expressway's Unit to Acquire Over 19% Stake in Asset Manager	MT
Mar. 27	Zhejiang Expressway Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 July 2024	CI

Zhejiang Expressway Co., Ltd. agreed to acquire 15% stake in Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd from Zhejiang Communications Investment Group Co., Ltd for approximately CNY820 million.

September 27, 2023

Zhejiang Expressway Co., Ltd. (SEHK:576) agreed to acquire 15% stake in Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd from Zhejiang Communications Investment Group Co., Ltd for approximately CNY820 million on September 28, 2023. The consideration will be funded by the Company?s internal resources.

Latest news about Zhejiang Expressway Co., Ltd.

Zhejiang Expressway's Unit to Acquire Over 19% Stake in Asset Manager	Apr. 01	MT
Zhejiang Expressway Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 July 2024	Mar. 26	CI
Zhejiang Expressway's Attributable Profit Almost Flat in 2023, Revenue Grows 11%; Shares Plunge 16%	Mar. 26	MT
Zhejiang Expressway Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Zhejiang Expressway Arms Award Multiple Highway Contracts	Feb. 09	MT
Zhejiang Expressway Inks Deals To Operate Chinese Highways	Jan. 15	MT
Zhejiang Expressway Co., Ltd. announced that it has received $17.432602 million in funding	Dec. 21	CI
Zhejiang Expressway Rights Issue Oversubscribed	Dec. 13	MT
Zhejiang Expressway Co., Ltd. announced that it expects to receive $17.432602 million in funding	Dec. 12	CI
Zhejiang Expressway Shareholders to Vote Dec. 28 on Issue of Additional Conversion Shares	Dec. 07	MT
Zhejiang Expressway Co., Ltd. Announces Change of Registered Address	Nov. 29	CI
Zhejiang Expressway Floats JV to Acquire Highway Assets in China	Nov. 27	MT
Zhejiang Expressway Co., Ltd. and China Merchants Expressway Network & Technology Holdings Co.,Ltd. entered into the Equity Acquisition Agreement to acquire 60% stake in Hunan Yonglan Expressway Co., Ltd. from Guangdong Liantai Communications Investment Co., Ltd. for CNY 2.67 billion.	Nov. 24	CI
Zhejiang Expressway Co., Ltd. and China Merchants Expressway Enter into the Jv Agreement	Nov. 24	CI
Zhejiang Expressway Eyes 6.2 Billion Yuan from Rights Offering	Nov. 20	MT
Zhejiang Expressway Taps Controlling Shareholder's Unit for 18.3 Million Yuan Expressway Maintenance Service	Nov. 13	MT
Zhejiang Expressway Secures Regulatory Nod for 6.5 Billion Rights Issue	Nov. 06	MT
Zhejiang Expressway's Nine-Month Profit Rises on Higher Revenue	Nov. 01	MT
Zhejiang Expressway Co., Ltd. Announces Executive Changes with Effect from October 31, 2023	23-10-31	CI
Zhejiang Expressway Sees Up 6.3 Billion Yuan in Nine-Month Profit	23-10-25	MT
Zhejiang Expressway Co., Ltd. Elects Li Wei as Executive Director	23-10-13	CI
Zhejiang Expressway's Controlling Shareholder Disposes of Two Units for 832.9 Million Yuan	23-09-29	MT
Zhejiang Expressway Co., Ltd. agreed to acquire 15% stake in Zhejiang Wenzhou Yongtaiwen Expressway Co., Ltd from Zhejiang Communications Investment Group Co., Ltd for approximately CNY820 million.	23-09-27	CI
Zhejiang Expressway Co., Ltd. Announces Management Changes	23-09-27	CI
Zhejiang Expressway Taps Affiliate for Road Improvement Projects	23-09-25	MT

Chart Zhejiang Expressway Co., Ltd.

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Company Profile

Zhejiang Expressway Co., Limited is an investment holding company principally engaged in the operation and management of high-grade roads. Along with subsidiaries, the Company operates its business through three segments. The Toll Operation segment is engaged in the operation and management of high-grade roads, and the earning tolls from expressways. The Security segment is engaged in the provision of security brokerage, securities margin trading, security lending, security underwriting, asset management, advisory services and security trading. Other Business segment is engaged in real estate development, hotel operation and others.

Sector

Highways & Rail Tracks

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Zhejiang Expressway Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.758 CNY

Average target price

5.834 CNY

Spread / Average Target

+22.61%

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