Guangshen Rail (00525) is now up more than 4%, as of press time, up 3.93%, at HKD 2.38, with a turnover of HKD 15.9342 million.
According to the WiseMoney app, Guangshen Rail (00525) is now up more than 4%, as of press time, up 3.93%, at HKD 2.38, with a turnover of HKD 15.9342 million.
On the news front, the Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reform and Advancing the Modernization of the Chinese Style points out that independent operation of natural monopoly links and market-oriented reform of competitive links in industries such as energy and railroads should be promoted. China Railway Group has stated that they are actively researching and formulating specific measures to further comprehensively deepen the reform of China Railway enterprises.
CITIC Securities pointed out that under the background of top-level design, it is expected that railway system reform will accelerate, market-oriented reform of competitive links is expected to enhance the profitability of railway operating companies, and continued recommendation of cross-line demand contribution as the main incremental factor. Huafu Securities stated that Guangshen Rail is at a critical transition moment, with the company actively increasing the number of cross-line trains, upgrading the Hong Kong through-train to a high-speed rail, and the Guangzhou and Guangzhou East stations transforming into high-speed rail, it will soon enter the high-speed rail network, and increase profit space significantly.