Highways and Railtracks

UBS Reiterates Hold Rating For Jiangsu Ninghu Expressway

GPED released FY2025 earnings on January 23 During-Market (BJT), actual revenue HKD 4.884 B (forecast HKD 4.453 B), actual EPS HKD 0.9399 (forecast HKD 0.9)

GPED released FY2025 Q4 earnings on January 23 During-Market (BJT), actual revenue HKD 1.23 B, actual EPS HKD 0.1345

GPED released FY2025 earnings on January 23 During-Market (BJT), actual revenue CNY 4.469 B (forecast CNY 4.453 B), actual EPS CNY 0.86 (forecast CNY 0.8529)

GPED released FY2025 Q4 earnings on January 23 During-Market (BJT), actual revenue CNY 1.106 B, actual EPS CNY 0.121

Jiangsu Expressway Holding Fully-Subsidiary Increases Holding in Ninghu Expressway H-shares

Ganyue Expressway released FY2025 Annual Earnings on January 16 After-Market (BJT), Actual Revenue: CNY 6.292 B, Actual EPS: CNY 0.57

Ganyue Expressway released FY2025 Q4 earnings on January 16 After-Market (BJT), actual revenue CNY 1.894 B, actual EPS CNY -0.1351

Jiangsu Yunshan Capital Increases Stake in Jiangsu Ninghu Expressway

Jiangsu Communications Holding Increases Stake in Jiangsu Ninghu Highways to 56.45%

Jiangsu Ninghu Expressway Increases Capital in Subsidiary Danjin Company by About 128 Million Yuan

China Merchants Highway 减持 Wan Tong Expressway

Hong Kong Stock Analyst Recommends AIA Group and Jiangsu Ninghu Expressway

Shunan Company Acquires 85% Equity of Target Company from Shudao Venture for 2.409 Billion Yuan

Jiangsu JiaoTong Holdings Increased Holding in Jiangsu Ninghu Expressway Shares to 56.05%

Jiangsu Yunshan Capital Management Co. Increases Holdings in Jiangsu Ninghu Expressway by 11.854 million Shares

Anhui Wanta Highway Increases Investment in Jiaokong Information Industry, Holding Ratio Rises to Approximately 36.76%

Anhui Wanta High-Speedway Acquires Shares of Shandong High-Speed, Stock Rated Buy

WanTong Expressway Increases Investment in JiaoKong Information Industry, Raising Stake to 36.76%

Jiangsu Ninghu Expressway Increases Investment in Longtan Bridge and Nanjing Ring Road Project

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SZEW announced the latest operating data, with the toll revenue of its Guangshen Expressway recording RMB 252 million in December last year, a year-on-year decrease of 2.47%; the average daily toll revenue was RMB 8.134 million, also a year-on-year decrease of 2.47%

AASTOCKS

SZEW

In December, SZEW's total toll revenue from the Guangzhou-Shenzhen Expressway fell by 2.47% year-on-year

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Shenzhen Expressway Corporation Ltd. reported unaudited toll revenue of RMB 963 million for December 2025. Major contributions came from Meiguan Expressway (RMB 13.45 million), Jihe East (RMB 64.18 million), Jihe West (RMB 52.00 million), Coastal Project (RMB 75.76 million), and Outer Ring Project (RMB 113.15 million). Other revenues included Qinglian Expressway (RMB 61.00 million), GS Expressway (RMB 252.14 million), and GZ West Expressway (RMB 106.44 million). The figures are tax-excluded, unaudited, and subject to adjustments. Investors should use these estimates cautiously.

Reuters

SHENZHENEXPRESS

Shenzhen Expressway Reports December 2025 Toll Revenue of RMB 963 Million

600012

Anhui Expressway Co Ltd :CO & OTHER MEMBERS OF S19 CONSORTIUM ENTERED INTO S19 JOINT VENTURE DEAL TO FORM S19 JOINT VENTURE COMPANYTOTAL CAPITAL CONTRIBUTION TO S19 JV COMPANY BY CONSORTIUM RMB1,447 MILLION

Anhui Expressway

Anhui Expressway Says Co & Other Members Of S19 Consortium Entered Into S19 Joint Venture Deal

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UBS has reaffirmed a Hold rating on Jiangsu Expressway Co (JEXYF) with a price target of HK$10.20, while the shares closed at HK$9.70. Analyst Robin Xu, who has a 4-star rating and a 92.31% success rate, also covers other companies in the Industrials sector. Additionally, TipRanks issued a Hold rating on January 16, while PerPlexity initiated coverage with a Buy rating on January 14.

Tip Ranks

ChinaAMC CSI All Share Transportation ETF

JIANGSU EXPRESS

Jiangsu Expressway

UBS Reaffirms Their Hold Rating on Jiangsu Expressway Co (JEXYF)

Jiangsu Expressway says Jiangsu Yunshan Capital Management increased its holding in co

marketscreener

Jiangsu Expressway says Jiangsu Yunshan Capital Management increased its holding in co

00152

Shenzhen International (152.HK) has recently maintained a trend of low-volume fluctuations, with signs of short-term capital switching becoming increasingly evident. Yesterday, it closed with a small gain supported by the 10-day moving average, indicating a warming of tentative capital participation. The company primarily engages in logistics and infrastructure businesses, with fundamentals stabilizing and improving under economic recovery. Recently, the market has focused on the opportunities in logistics integration and the highway sector in the Guangdong-Hong Kong-Macao Greater Bay Area, with Shenzhen International positioned as a leader, attracting some capital for layout. However, the prevailing wait-and-see sentiment has resulted in no significant increase in trading volume, and the sector's elasticity is limited under a balanced long-short situation. 

From a technical perspective, the 5-day and 10-day moving averages are intertwined, lacking strong directional guidance in the short term. The MACD indicator shows a trend of gradual convergence. If there is a sudden surge in volume during the trading session, the upward space can focus on previous high points. Otherwise, it will maintain consolidation at high levels, with range trading as the main strategy. A prudent approach is to pay attention to key moving average support levels and mainline opportunities during sector hot spot switches. Short-term switching signals need to be verified in conjunction with market sentiment and changes in macro policies, with specific operations recommended to be light positions and rolling waves. In the future, it is suggested to closely track policy news from the Guangdong-Hong Kong-Macao region, dynamics of highway and logistics integration, and the latest feedback from capital on industry prosperity

Technical Forecast

SHENZHEN INT'L

Morning Trend | SHENZHEN INT'L experiences low-volume fluctuations, signs of short-term capital rotation are evident

600350

Shandong Hi-speed Issues 1 Billion Yuan in Ultra-Short-Term Bonds

SDHS

Shandong Hi-speed Issues 1 Billion Yuan in Ultra-Short-Term Bonds

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Anhui Expressway Co Ltd :SAYS CO'S CONSORTIUM WON BID FOR HIGHWAY PROJECT WORTH 7.2 BILLION YUAN ($1.03 billion)($1 = 6.9758 Chinese yuan renminbi)

ANHUIEXPRESSWAY

Anhui Expressway's Consortium Wins Bid For Highway Project

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Sichuan Expressway Company Limited will hold an extraordinary general meeting on January 30, 2026, in Chengdu, Sichuan, PRC. This announcement was published via the Issuer Information Service of the Hong Kong Stock Exchange on January 12, 2026.

SICHUAN EXPRESS

Sichuan Express

Sichuan Expressway Company Limited Announces Date for Extraordinary General Meeting

Sichuan Expressway Company Limited has agreed to acquire an 85% stake in Hubei Jingyi Expressway Co., Ltd. This acquisition aims to enhance Sichuan Expressway's presence in the expressway sector, with the valuation based on a benchmark date of July 31, 2025. The details are outlined in an equity transfer agreement. This news was generated by Public Technologies and is for informational purposes only, not to be considered as financial or legal advice.

Sichuan Expressway Acquires 85% Stake in Hubei Jingyi Expressway

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Shenzhen Expressway subscribed to a structured deposit product with a principal of RMB 500 million (Phase 1) last Friday (9th), and further subscribed to another structured deposit product with a principal of RMB 500 million (Phase 2) today (12th). The issuing bank for both is Bank Of Jiangsu, with a term of 66 days and a yield range of 1.2% or 3.3%

Bank Of Jiangsu

Shenzhen Express subscribed to a total of 1 billion RMB deposit products

Jiangsu Expressway Company Limited (HKG:177) is estimated to be 27% undervalued, with a fair value of HK$12.56 compared to the current share price of HK$9.14. Using the Dividend Discount Model, the analysis suggests that the stock is attractive for investment, despite the limitations of the DCF method. Key assumptions include a discount rate of 7.1% and a perpetual growth rate of 2.8%. The company shows potential for earnings growth, but faces challenges with debt coverage and dividend payouts.

Simplywall

Is There An Opportunity With Jiangsu Expressway Company Limited's (HKG:177) 27% Undervaluation?

Sichuan Expressway Co has clarified the pricing mechanism in its renewed Refined Oil Framework Agreement with PetroChina Sichuan Sales Branch. The agreement allows Zhonglu Energy to set refined oil prices based on benchmarks from PetroChina's affiliated gas stations and independent suppliers, ensuring prices remain competitive. The board deems the terms fair and in the group's interest, promoting transparent fuel procurement. The latest analyst rating for Sichuan Expressway Co (HK:0107) is a Hold with a price target of HK$5.50. The company operates in the transportation sector in Sichuan Province.

Sichuan Expressway Clarifies Pricing Terms in Renewed Refined Oil Supply Deal

Highways and Railtracks(IN40203.SH)

In December, SZEW's total toll revenue from the Guangzhou-Shenzhen Expressway fell by 2.47% year-on-year

Shenzhen Expressway Reports December 2025 Toll Revenue of RMB 963 Million

Anhui Expressway Says Co & Other Members Of S19 Consortium Entered Into S19 Joint Venture Deal

UBS Reaffirms Their Hold Rating on Jiangsu Expressway Co (JEXYF)

Jiangsu Expressway says Jiangsu Yunshan Capital Management increased its holding in co