Shenzhen International (00152) rose nearly 6% in the intraday period. As of press release, it rose 4.83% to HK$6.73, with a turnover of HK$52.3726 million.
The Zhitong Finance App learned that Shenzhen International (00152) rose nearly 6% in the intraday period. As of press release, it had risen 4.83% to HK$6.73, with a turnover of HK$52.3726 million.
According to Guohai Securities, Shenzhen International is a transportation asset management platform directly under the Shenzhen State-owned Assets Administration Commission. It has high-quality assets in the Bay Area. Its assets include 500,000 square meters of residential area to be developed in Longhua District, Shenzhen, +52% Shenzhen Express equity +49% Shenzhen Airlines equity +10.55 million square meters of planned logistics park area. The company's main logistics business grew steadily, high-speed port assets contributed to steady profit growth, and land modification and REITs listings continued to contribute to profit elasticity.
The bank pointed out that the company's main logistics business is growing steadily, and the South China Logistics Park is expected to contribute more than 10 billion dollars in net profit; the high-speed port has built a profit base, and the impact of Shenzhen Airlines will no longer be included in the short term and will no longer have a negative impact on the company's profits; the company has high-quality assets, continues to stabilize high dividends, and the future value return path is clear, and it will be raised to a “buy” rating.