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JIANGSU EXPRESS (00177.HK) issued 0.59 billion yuan of ultra-short-term financing bonds.
Gelonghui, April 10th丨JIANGSU EXPRESS (00177.HK) announced that on April 9, 2025, the company issued the second phase of ultra-short-term financing bonds for 2025 (referred to as: 25 Jiangsu Express SCP002, code: 012580848), with a total actual issuance amount of 0.59 billion yuan and an issuance interest rate of 1.80%.
CICC: Market risk aversion sentiment is rising, and the road Sector has dominant defensive characteristics.
In the short term, the highway Sector's performance in Q1 2025 is expected to achieve year-on-year growth under a low base, and the introduction of the USA's "reciprocal tariffs" may intensify external uncertainties, increasing market risk aversion. Referring to market performance during the trade friction period of 2018-2019, defensive sectors are expected to outperform.
JIANGSU EXPRESSWAY(600377):2024 EARNINGS BEAT; DIVIDEND PER SHARE RISING
JPMorgan increased its shareholding in JIANGSU EXPRESS (00177) by 2.436 million shares at an approximate price of 9.15 Hong Kong dollars per share.
After the Shareholding, the latest number of shares held is approximately 75.1883 million shares, with the latest shareholding ratio at 6.15%.
JIANGSU EXPRESS (00177.HK) has received a Shareholding increase of 2.436 million Listed in Hong Kong shares from JPMorgan, valued at approximately 22.2784 million Hong Kong dollars.
On April 1, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 1, JPMorgan (JPMORGANCHASECO) increased its shareholding in Jiangsu Express (00177.HK) by a total of 2.436 million shares of H-shares at an average on-market price of HK$9.1455 per share and an off-market average price of HK$9.1127 per share, worth approximately HK$22.2784 million, on March 27. After the increase, JPMorgan's latest shareholding number is 75.1883 million shares, with the shareholding ratio rising from 5.95% to 6.15%. Image source: Stock disclosure from the Exchange What
Jiangsu Expressway (600377): Decrease in costs and expenses & increase in investment income leads to a substantial profit increase.
Recently, Jiangsu Expressway disclosed its 2024 annual report. During this reporting period, it achieved a total operating revenue of 23.198 billion, a year-on-year increase of +52.7%; net profit attributable to the parent company was 4.947 billion, a year-on-year increase of +12.09%; net profit attributable to the parent company excluding non-recurring items.