Jiangsu Expressway Co (177)
Jiangsu Expressway Co. Ltd. engages in the investment, construction, operation, and management of toll expressways. It operates through the following segments: Shanghai-Nanjing Expressway, 312 National Highway, Nanjing-Lianyungang Highway, Guangjing Xicheng Expressway, Ancillary Services, and Real Estate Development & Advertisement. The Shanghai-Najing, 312 National Highway, Nanjing-Lianyungang, and Guangjing Xicheng Expressway segments are the major expressways operated by the company. The Ancillary Services segment pertains to the services offered along the highway such as petrol supply, food and beverage, shopping, car repair, accommodation, retail services, and advertisement services. The Real Estate Development & Advertisement segment includes real estate investment and development of infrastructure facilities, industries and properties. The company was founded on August 1, 1992 and is headquartered in Nanjing, China.
|Market Price at 19-01-2018
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Jiangsu Expressway Co:
Tuesday, September 26, 2017
Confident Fed raises odds of December rate hike
The US Fed, in its latest monetary policy meeting that concluded on 20 September 2017, decided to keep the target range for the federal funds rate unchanged at 1–1.25%. The Fed said, ‘In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realised and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation’.
Monday, September 25, 2017
Global Equity Markets in Review
• Wall Street ends week with modest gains as Fed signals another rate hike
• Positive economic data and M&A activity lifts European markets
• Japanese market rally on yen weakness, while China remains steady despite rating downgrade
Tuesday, September 19, 2017
• Early week relief rally propels key US benchmarks to new highs
• Positive economic data lifts European markets (except UK)
• Asian markets finish mixed despite North Korea’s aggression
S&P 500, Dow Industrials ends the week at all-time highs
Wall Street kick-started the week on a solid footing as stocks rebounded after Hurricane Irma appeared to have caused less-than-anticipated damage. Insurance and travel-related stocks recovered from their last week’s dismal performance. Moreover, banking and telecom stocks helped benchmark indices move higher.
Tuesday, September 19, 2017
On Friday, 15 September 2017, S&P Global Ratings upgraded Portugal’s sovereign rating to investment grade. The agency revised Portugal’s sovereign rating upward by one notch to BBB-/A-3 from BB+/B and maintained the outlook as stable. S&P became the first among the big three global rating agencies to move Portugal out of its junk status. Although the country’s debt is rated below investment grade by Moody’s Investor Services and Fitch Ratings, both the agencies recently upgraded their outlook on Portugal to positive from stable.
Monday, September 04, 2017
Investing can be a volatile ride, the last few days have reminded us.
The last few days have also reminded us why holding international equities is often beneficial for Australian investors – the Australian dollar acts as a shock absorber on returns when volatility hits, which is exactly the opposite effect that international investors get investing in Australian stocks.
Sunday, September 03, 2017
The persistent rise in the price of bitcoin has pushed the pioneer of digital currency to a new lifetime high. The crypto-currency has surged past US$4,000 for the first time since its inception in 2009. According to the CoinDesk Bitcoin Price Index, the average value of bitcoin across global exchanges reached a peak of US$4,225 early Sunday, before hovering around US$4,000. The world’s most traded digital tender has quadrupled in 2017 thus far, gaining ~40% in the first two weeks of August.
Saturday, September 02, 2017
The Indian economy expanded 5.7% yoy in the April–June quarter, much slower than the market expectation of 6.6%. The country’s GDP growth has now declined for five straight quarters, and the country is witnessing the weakest pace of economic growth in over three years.
Friday, September 01, 2017
• Major US equity benchmarks end higher amid plethora of economic data.
• European markets inch upwards as encouraging economic data offsets geopolitical concerns.
• Positive investor sentiments push Asian markets higher during the week.
Wednesday, August 30, 2017
On 19 August 2017, Fitch Ratings upgraded Greece’s long-term foreign currency issuer default rating to B- from CCC, citing easing political risk and promising growth prospects. Fitch’s upgrade came after Moody’s upgraded Greece’s long-term issuer rating to Caa2 in June and S&P affirmed its B- rating with outlook upgraded to positive in July. Despite these rating upgrades, Greece’s sovereign credit rating still remains well below investment grade. However, such a nominal upgrade could boost the confidence of lenders and investors alike.
Saturday, August 26, 2017
• US equity benchmarks finish higher as investors get excited about tax reform.
• European markets finished flat ahead of the annual Jackson Hole Symposium.
• China’s stock market gains ground as investors focus on earnings.