Core Viewpoint - Guangshen Railway Co., Ltd. (00525) has seen its stock price increase by over 30% following the release of its interim results, with a current price of HKD 2.58 and a trading volume of HKD 61.12 million [1] Financial Performance - The company reported a revenue of RMB 13.969 billion for the first half of the year, representing an increase of 8.08% year-on-year [1] - Net profit attributable to shareholders reached RMB 1.109 billion, marking a year-on-year increase of 21.55% [1] Key Growth Drivers - The significant profit growth is attributed to higher unit prices for freight network settlement services and increased high-speed rail services driven by demand in the Greater Bay Area [1] - The company received government subsidies related to operational demands amounting to RMB 80 million during the period [1] Strategic Developments - The increase in revenue from long-distance high-speed rail services is driven by the addition of routes with higher ticket prices [1] - The company plans to launch a new high-speed rail service from Zhangjiajie to Hong Kong West Kowloon in the second half of 2024 and another service from Wuhan to Hong Kong West Kowloon in 2025 [1] Market Trends - Recent adjustments to real estate policies in Shenzhen are expected to strengthen the trend of Hong Kong residents purchasing properties in the Greater Bay Area, driven by the benefits of living and working in the region [1]
港股异动 | 广深铁路股份(00525)再涨超8% 绩后累涨逾30% 过港高铁驱动业绩高增长