Jiangsu Expressway’s Controlling Shareholder Lifts Stake to 56.05% via Stock Connect
I'm PortAI, I can summarize articles.
Jiangsu Expressway's controlling shareholder, Jiangsu Communications Holding Co., Ltd., increased its stake to 56.05% via its subsidiary, Jiangsu Yunshan Capital Management Co., Ltd., by acquiring 52,862,000 H shares through the Shanghai-Hong Kong Stock Connect. This move tightens control without triggering a mandatory takeover bid, signaling strategic support and confidence in the company's long-term prospects. The latest analyst rating for Jiangsu Expressway (HK:0177) is a Hold with a HK$10.20 price target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments