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Total Assets$Sichuan Express(601107.SH)$SICHUAN EXPRESS(00107.HK)🙀Seems more expensive?
To boost performance? Sichuan Expressway invests 2.2 billion yuan to acquire highway assets
Facing market competition and operational performance challenges, Sichuan Expressway (hereinafter referred to as "Sichuan Expressway") has set its growth target on external highway projects. On the evening of September 24, $SICHUAN EXPRESS(00107.HK), which had been suspended from trading on the Hong Kong stock market for over a month, announced its intention to acquire an 85% stake in Jingyi Expressway Company for no more than 2.2 billion yuan, while resuming trading of its H shares. Following the disclosure of the acquisition announcement, the stock price of Sichuan Expressway's H shares rose on September 25...
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