Movement Alert|Jiangsu Expressway Rises 3.06% in Regular Trading, Sustained Southbound Capital Inflows Support Shares

Market Focus
Jun 08

On June 8, Jiangsu Expressway (00177.HK) rose 3.06% in regular trading, trading at HKD 11.06/share, with trading volume of HKD 48.85 million.

The rally comes amid persistent southbound capital accumulation. Data shows that over the past 20 trading days, southbound funds have added to their position on 15 occasions, with cumulative net purchases of approximately 39.98 million shares. Southbound investors now hold roughly 724 million shares, representing 59.24% of issued shares. In the most recent 5 trading sessions alone, net buying totaled 19.11 million shares.

On the fundamental side, the company reported Q1 net profit attributable to shareholders of RMB 1.366 billion, up 12.81% year-over-year, and non-recurring adjusted net profit of RMB 1.363 billion, up 14.1%, despite a 5.31% decline in revenue to RMB 4.528 billion. The debt ratio stood at 42.78%. Eight institutions have issued ratings in the past 90 days, with a consensus target price of RMB 14.0.

Within the Highways and Railtracks sector, SHENZHEN INT'L down 3.61%, ANHUI EXPRESSWAY up 1.76%, SICHUAN EXPRESS down 0.39%, ZHEJIANG EXPRESS down 0.59%, YUEXIU TRANSPORT down 1.99%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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