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  1. Expressway boom taking its toll on motorists

    Posted May 29th 2010, 12:00am by Mimi Lau

    ... by road builders eager to prolong toll terms. The expressway boom started more than 15 years ago and the mainland's network now ranks second only to the United States. However, most ... 8.2 billion yuan raked in from illegal toll increases. Xinhua reported that the regions surveyed had an average of one toll station for every 30 kilometres of expressway. Guangdong province, ...

    http://www.scmp.com/article/715582/expressway-boom-taking-its-toll-motorists
  2. WHAT THE BROKER SAID

    Posted Jul 10th 2005, 12:00am by Staff Reporter

    ... About a year ago Core Pacific-Yamaichi maintained its 'buy' recommendation on toll-road operator Anhui Expressway. The broker set a target price of $3.60 per share, which ... because of Sars. Although maintenance work on its flagship Hening Expressway would slow the growth in traffic for several months, three other expressways would take up the slack ...

    http://www.scmp.com/article/507717/what-broker-said
  3. Shenzhen Expressway earnings gain 16.5pc

    Posted Mar 18th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Shenzhen Expressway sees this year as a critical year for toll revenue growth after its recent road expansion. The toll road operator recorded a 16.5 per cent increase in net profit last year to 674 million yuan (HK$739.4 million). Revenue rose 43.4 per cent to 1.1 billion yuan. A final dividend of 16 fen per share will be distributed. Shenzhen Expressway chairman ...

    http://www.scmp.com/article/630333/shenzhen-expressway-earnings-gain-165pc
  4. Fujian Expressway to spend 14b yuan on roads

    Posted Jun 28th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Shanghai-listed Fujian Expressway Development said yesterday it would spend 14.13 billion yuan to expand its two highways to meet the surging traffic flows in Fujian province. ... in wealthier provinces such as Fujian, where more residents can afford cars. To start at the end of this year, Fujian Expressway's expansion projects target completion in 2010. The company ...

    http://www.scmp.com/article/598517/fujian-expressway-spend-14b-yuan-roads
  5. Expressway operators face crackdown on exorbitant tolls

    Posted Jun 21st 2011, 12:00am

    ... succeeded. Many expressway companies are jointly owned by regional authorities, which have resisted Beijing's crackdowns as they consider the tolls to be an important revenue source. ... According to the Southern Weekly, the average income of employees of the Ningbo-Shanghai expressway is about 8,000 yuan (HK$9,613) a month, several times the local average. Its gross profit margin ...

    http://www.scmp.com/article/971211/expressway-operators-face-crackdown-exorbitant-tolls
  6. Jiangsu Expressway

    Posted Jun 26th 2006, 12:00am by Staff Reporter

    ... The group's principal activities are the construction, operation, management and maintenance of the Shanghai-Nanjing Expressway in Jiangsu Province. Other activities include the provision and development of passenger transport and other ancillary services along the Shanghai-Nanjing Expressway, including fuelling, catering, shopping, car repair, advertising ...

    http://www.scmp.com/article/554240/jiangsu-expressway
  7. At least 20 dead after tanker explodes in collision

    Posted Jun 30th 2012, 12:00am

    ... of the Guangzhou-Yanjiang Expressway at 4.30am. The fire then spread to cover an area of more than 2,000 square metres, including a timber factory and its dormitory under the bridge, a container yard and nearby ... than 230 firefighters and 37 fire engines were deployed to extinguish the blaze. The bridge on the expressway has been sealed off and will be examined by engineers to see whether it has been ...

    http://www.scmp.com/article/1005428/least-20-dead-after-tanker-explodes-collision
  8. Wider superhighway helps boost Jiangsu Expressway profits 61.9pc

    Posted Mar 26th 2007, 12:00am by Nevin Nie

    ... Nevin Nie Jiangsu Expressway, a toll-road operator in the Yangtze River Delta, said net profit jumped 61.93 per cent last year, backed by strong income from the widened Shanghai-Nanjing ... standards. Revenue increased 84.36 per cent to four billion yuan, it added. Jiangsu Expressway reopened the Shanghai-Nanjing superhighway at the beginning of last year after work to double ...

    http://www.scmp.com/article/586499/wider-superhighway-helps-boost-jiangsu-expressway-profits-619pc
  9. Anhui Expressway bucks positive trend of key rivals

    Posted Aug 23rd 2003, 12:00am by Staff Reporter

    ... H share Anhui Expressway has posted a 5.5 per cent year-on-year fall in first-half net profit, disappointing analysts who expected 6 to 8 per cent growth and failing to emulate the profit ... the same period last year. Fellow H share Zhejiang Expressway earlier this week posted 10.3 per cent growth in first-half net profit to 492.14 million yuan, while Jiangsu Expressway grew 14.09 per ...

    http://www.scmp.com/article/425595/anhui-expressway-bucks-positive-trend-key-rivals
  10. Sichuan Expressway purchase on hold

    Posted Jul 17th 2004, 12:00am by Denise Tsang

    ... Denise Tsang Delay comes after Oriental Harvest claims it owns the project H share Sichuan Expressway has been forced to put the brakes on a 777 million yuan toll-road acquisition ... expressway, a senior Sichuan Expressway executive said yesterday. That claim challenges Sichuan Expressway's disclosure last month that the toll road was 99.18 per cent owned by its parent ...

    http://www.scmp.com/article/463404/sichuan-expressway-purchase-hold

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