|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||56.50 - 56.50|
|52 Week Range||56.50 - 61.39|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Shenzhen Expressway Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service has affirmed Shenzhen International Holdings Limited's (SZIH) Baa2 issuer and senior unsecured ratings. The Baa2 ratings reflect our expectation that SZIH will continue to maintain a close linkage with the Shenzhen government through Shenzhen Investment.
Moody's Investors Service says that the Chinese government's buyback of four toll roads in Shenzhen will not affect the credit profiles of Shenzhen International Holdings Limited (SZIH, Baa2 stable) or Shenzhen Expressway Company Limited (SZEC, Baa2 positive). "The government buyback was anticipated and will have limited impact on SZIH's and SZEC's financial metrics in 2018," says Ivy Poon, a Moody's Vice President and Senior Analyst.