China Merchants Shekou REIT plans second infrastructure acquisition

China Merchants Shekou Industrial Zone Holdings (SZSE:001979) announced plans for a second acquisition of infrastructure projects to be injected into the Boshi Merchants Shekou Industrial Park REIT. The projects include the assets held by its subsidiaries, namely, China Merchants Guangming Science and Technology Park, located in Guangming District, Shenzhen and Shenzhen South Oil (Group) Co. Ltd, located in Nanshan District, Shenzhen. The company will need to get approvals from Shenzhen and the National Development and Reform Commission, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Separately, China Merchants Shekou announced its participation in the collective performance briefing of listed companies of China Merchants Group Co., Ltd. on April 23, 2025, to engage with investors on the company's 2024 performance and future prospects.