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Capital Allocation Trends At China Railway Harbin Group of Technology (SHSE:688459) Aren't Ideal
Trending Industry Today: CHINA RAIL CONS Leads Gains In High-Speed Rail Stocks
Hong Kong stocks abnormal fluctuations | Infrastructure stocks take the lead in terms of gains. The official draft of market cap management guidelines has been released, and construction central enterprises are expected to see valuation increases.
Infrastructure stocks led the gains, as of the time of publication, China Railway Construction Corporation (01186) rose by 5.67% to 5.59 Hong Kong dollars; China Railway (00390) rose by 4.18% to 3.99 Hong Kong dollars; China Communications Construction (01800) rose by 3.31% to 5.31 Hong Kong dollars.
Hong Kong stocks fluctuate | Infrastructure stocks fell in early trading, with the construction industry's performance under significant pressure in the first three quarters, and convertible bonds expected to repair corporate balance sheets.
Infrastructure stocks fell in the morning session, as of the time of writing, China Railway Construction Corporation (01186) fell by 3.5%, closing at 5.52 Hong Kong dollars; CRRC Corporation (01766) fell by 3.29%, closing at 5 Hong Kong dollars; China Communications Construction (01800) fell by 3.24%, closing at 5.37 Hong Kong dollars; China Railway (00390) fell by 2.92%, closing at 3.99 Hong Kong dollars.
Daiwa: Maintains 'shareholding' rating for China Railway (00390) with target price lowered to 5.6 Hong Kong dollars.
Nomura has lowered its revenue forecasts for china railway for the fiscal years 2024 to 2026 by 8%, 10%, and 11% respectively.
China Railway Prefabricated Construction Subsidiary Signs 1.5-Billion-Yuan Contract
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BIR : That's just getting vaccinated. It won't work after a few more shots.
Huang he : China will not have a normal stock market. First of all, when will Futu and Tiger be liberated? Will they be legalized? Secondly, when can we freely post?
炒股混饭 Huang he : You will not wait for this day in this lifetime, nor need to dwell on this day. Be bullish if you are optimistic, be bearish if you are not, don't feel guilty about money.
Brianjh : Thanks for the info
Huang he 炒股混饭 : The stock market is not a casino, investing is not gambling.
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