Hopewell Highway Infrastructure (OTCMKTS:HHILY) Trading 15% Higher – Here’s What Happened

Hopewell Highway Infrastructure Limited (OTCMKTS:HHILYGet Free Report)’s share price shot up 15% on Monday . The stock traded as high as $2.83 and last traded at $2.37. 1,671 shares were traded during mid-day trading, an increase of 87% from the average session volume of 895 shares. The stock had previously closed at $2.06.

Hopewell Highway Infrastructure Stock Performance

The stock has a 50 day moving average price of $2.09 and a 200-day moving average price of $2.00.

Hopewell Highway Infrastructure Company Profile

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Hopewell Highway Infrastructure (OTCMKTS: HHILY) is an infrastructure investment company focused on the development, operation and management of toll road concessions in the People’s Republic of China. As a spin-off of the Hong Kong–based Hopewell Holdings group, the company holds interests in a portfolio of expressways and bridges primarily in Guangdong province, where it collects and manages toll revenues under long-term concession agreements.

The company’s core activities center on acquiring, financing and overseeing highway assets, ensuring their safe and efficient operation through the application of modern traffic management systems and routine maintenance programs.

Further Reading

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