Hong Kong stocks morning news on October 29: The Hong Kong Stock Exchange will launch a series of virtual asset index products. Institutions under Fidelity Investments increase their holdings of China Life Insurance listed in Hong Kong.
1. Hong Kong Exchange will launch a series of virtual asset indices. 2. Fidelity Investments' FMR increases shareholding in China Life Insurance listed in Hong Kong. 3. The total profit of state-owned enterprises in the first 9 months decreased by about 2%. 4. China Southern Airlines' profit increased by nearly 50% this year.
Shenzhen Investment Posts Mixed Toll Revenue Results in September
Bay Area Dev (00737.HK) achieved a net profit of 0.473 billion yuan in the first three quarters.
Glory 10月23日 bay area dev (00737.HK) announced that as of September 30, 2024, for the nine months, the company achieved revenue of 0.668 billion RMB, compared to 0.617 billion RMB in the same period last year; during the period, a surplus of 0.473 billion RMB, compared to 0.423 billion RMB in the same period last year.
UNAUDITED FINANCIAL INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2024
Bay Area Dev (00737): Shenzhen Expressway Corporation's toll revenue in September was 0.232 billion yuan, a 6% year-on-year increase.
Bay Area Dev (00737) announced that in September 2024, shenzhen expressway corporation, guangzhou-zhuhai west expressway, and...
Shenzhen Expressway Corporation (600548.SH) subsidiary Bay Area Dev's after-tax profit in the first three quarters is approximately 0.473 billion yuan.
shenzhen expressway corporation (600548.SH) announced that its controlling subsidiary shenzhen investment and control bay area development co., ltd. ("...
bay area dev (00737.HK) will hold a board of directors meeting on October 24 to approve the performance for the first three quarters.
Glory Times reported on October 9th that Bay Area Dev (00737.HK) announced that the board of directors will hold a meeting on October 24, 2024, in order to approve the performance of the company and its subsidiaries for the nine months ended September 30, 2024.
Shenzhen Investment Bay Area Development's Subsidiary to Provide Civil Engineering Construction Works
Bay Area Dev (00737.HK): Ganzhenzhu Company has signed construction contracts with various contractors for the civil engineering construction of the approved road widening projects (TJ6-TJ9 and LM sections).
On October 8, Guangdong, Hong Kong, and Macau Bay Area Development (00737.HK) announced that after conducting several public bidding and tendering procedures through the Guangzhou Public Resources Trading Center, on October 8, 2024, the Guangzhou-Shenzhen-Zhuhai company entered into the following construction contracts with approved road widening and expansion projects with various contractors for construction (TJ6–TJ9 and LM sections): 1. Entered into a construction contract (TJ6 section) with China Railway 11th Bureau, with a contract value of approximately RMB 721,026,485; 2. Entered into a construction contract (TJ7 section) with China Railway 4th Bureau, with a contract value of approximately RMB 824,5
Express News | Shenzhen Investment Holdings Bay Area Development - Gsz Company Entered Into Following Construction Works Agreements
Is There Now An Opportunity In Shenzhen Investment Holdings Bay Area Development Company Limited (HKG:737)?
Shenzhen Investment Records Mixed Toll Revenue Results in August
Bay Area Dev (00737.HK): Shenzhen Expressway Corporation August total toll revenue was 0.257 billion yuan, a 4% year-on-year decrease.
Bay Area Development (00737.HK) announced on August 24th that in August 2024, the monthly total road toll revenue for the Shenzhen Expressway Corporation was 0.257 billion yuan, a 4% year-on-year decrease; the monthly total road toll revenue for the Guangzhou-Zhuhai West Line Expressway was 0.12 billion yuan, a 9% year-on-year decrease; the monthly total road toll revenue for the Yangtze River Expressway (Shenzhen section) was 70.456 million yuan, a 23% year-on-year increase. The year-on-year changes in toll revenue in August 2024 were mainly affected by adverse weather conditions and the comprehensive impact of the Shenzhen-Zhongshan Passage and the second phase of the Yangtze River Expressway (Shenzhen section) opening to traffic at the end of June 2024.
2024 INTERIM REPORT
We Think Shenzhen Investment Holdings Bay Area Development (HKG:737) Is Taking Some Risk With Its Debt
Bay Area Dev (00737) rose 4.07% after the performance, with a 40.1% increase in net profit for the first half.
Gold Bull Financial News | Bay area dev (00737) saw its stock price rise after the results were announced, with a 4.07% increase to HK$1.79 at the time of publication. The trading volume was HK$0.519 million. According to the company's performance, the unaudited interim net profit for the period ending June 30 was CNY 0.241 billion, a 40.1% increase compared to the same period last year. Earnings per share were 7.81 cents, and the interim dividend per share was 7.8 cents (equivalent to 8.522358 Hong Kong cents). The announcement stated that the increase in net profit was mainly due to the adjustment of the amortization amount of the Guangzhou-Shenzhen Expressway disclosed in the 2023 annual report. During the period under review, the group accounted for its depreciation and amortization expenses.
Bay Area Dev (00737): In July, the toll revenue of Shenzhen Expressway Corporation was 0.267 billion yuan, a decrease of 1% year-on-year.
Bay area dev (00737) announced that in July 2024, Shenzhen Expressway Corporation, Guangzhou-Zhuhai West Expressway and...
In the bay area dev (00737.HK), the interim options equity shareholders' share of the surplus increased by 40% to 0.241 billion yuan annually.
On August 23, bay area dev (00737.HK) announced that as of June 30, 2024, the interim performance in the first 6 months, the economic growth of cities along the expressways was high, and the performance of toll road operations remained stable. However, due to the implementation of the measure allowing free passage of 7-seat or fewer private cars during holidays in the first half of 2024 for a total of 17 days, which was 4 days more than the same period last year, the proportion of net toll income for the review period increased slightly by 1% to approximately RMB 1.248 billion. Urban Park in the review period had contract sales amounting to approximately RMB 0.422 billion. The net profit attributable to equity shareholders of the company increased by approximately 40% year-on-year to around RMB.
Bay Area Development (00737) announced its interim results, with net profit attributable to equity shareholders increasing by 40% to approximately 0.241 billion yuan per share dividend of 7.8 cents.
Bay Area Development (00737) announced its mid-term performance for 2024, achieving revenue of RMB 0.448 billion, with a year-on-year increase...
Express News | Corrected-Shenzhen Investment Holdings Bay Area Development H1 Net Income RMB 240.6 Million (Corrects Amount)