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CITIC SEC: Railway reform is expected to accelerate and improve sector valuation. Market-oriented competition may increase profits.
The domestic policy top-level design, the reform of the railroad system is expected to accelerate, and the marketization of competitive links is expected to enhance the profit-making ability of railroad operation companies.
Shenzhen Investment Posts Mixed Toll Revenue in May
Bay Area Dev (00737): Shenzhen Expressway Corporation's toll revenue in May was CNY 225 million, a decrease of 8% year-on-year.
Bay Area Dev (00737) announced that in May 2024, Shenzhen Expressway Corporation, Guangzhou-Zhuhai West Line Expressway, and Yangtze River...
Bay Area Development (00737) provides guarantee for the general bank credit letter concluded between its subsidiary and Ping An Bank.
Bay Area Dev (00737) announced that on June 24, 2024, the company's direct wholly-owned subsidiary Shenzhen...
Express News | Shenzhen Investment Holdings Bay Area Development - Ping an Bank Agreed to Provide Revolving Loan Facility of HK$1.2 Bln to Sih Bay Area Finance
Shenzhen Expressway (00548): Providing guarantee for HKD 1.2 billion revolving loan for Bay Area development.
Shenzhen Expressway (00548) announced that on June 24, 2024, there will be financing and peace in the Bay Area...
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