Zhejiang Expressway (576 HK): Gaining from Both Growth and Stable Business Exposures
Sustained toll revenue recovery, further strength at Zheshang Securities and possible REIT issuance of Hanghui Expressway are potential drivers in...
398 Views
Smartkarma Originals
Chinese Expressways: A Step In The REIT Direction
2020 has been a bumpy journey for Chinese toll roads. China's State Council first increased the toll-free period over the Chinese New Year to 16...
1.2k Views
China Infrastructure REITs: Toll Road Baskets on H-Shares and A-Shares
The National Development and Reform Commission of the China Securities Regulatory Commission (CSRC) released a notice in April on establishing a...
564 Views
China Infrastructure REITs: First Look on H-Share Toll Road Sector
Chinese government's promotion of public infrastructure REITs should benefit many different infrastructure sectors. We first look at the H-share...
707 Views
Chengdu Expressway (成都高速) IPO Review - Well-Managed but Unexciting
Chengdu Expressway Company Limited (1785 HK) is looking to raise US$112m in its upcoming IPO. The expressways that CEC operate are integral in...
834 Views