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Shenzhen Investment Logs Boost in June Toll Revenue
Bay Area Development (00737.HK): Shenzhen Expressway Corporation's total toll revenue in June was CNY 0.254 billion, a year-on-year increase of 5%.
On June 2024, Bay Area Dev (00737.HK) announced that the total monthly toll revenue of Guangzhou-Shenzhen Expressway was RMB 0.254 billion, a year-on-year increase of 5%; the total monthly toll revenue of Guangzhou-Zhuhai West Expressway was RMB 0.115 billion, a year-on-year increase of 6%; and the monthly toll revenue of Yanjiang Expressway (Shenzhen section) was RMB 54.7 million, a year-on-year increase of 2%.
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...
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