01766 CRRC
- 4.610
- -0.050-1.07%
CRRC News
Zhuzhou CRRC Times Electric (HKG:3898) Might Be Having Difficulty Using Its Capital Effectively
China Galaxy Securities: Machinery Central SOEs Improve Profitability with High-Quality Development, Reshaping Value in the Wave of Gold Rush.
As of 2024/11/18, the proportion of central and local state-owned enterprises is 8% and 9% respectively, but their combined total market cap accounts for 30%, with the market cap of individual enterprises mainly ranging from 5-30 billion yuan.
CRRC Corporation to Host Q3 2024 Results Briefing
Trending Industry Today: CHINA RAIL CONS Leads Gains In High-Speed Rail Stocks
A Look At The Fair Value Of CRRC Corporation Limited (SHSE:601766)
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.
[Brokerage Focus] JPMorgan: Financial turmoil triggered by the US election intensifies, China's railroad investments may serve as a safe haven.
JPMorgan announced that the recent development of China's railroads industry has highlighted a stable investment environment, especially amidst the financial turbulence triggered by the US elections, where Chinese railroad investments are seen as a safe haven. The bank noted that the increase in passenger volume on passenger railroads is driving strong demand for trains. CRRC Corporation (01766) and Times Electric (03898) are expected to benefit from the China Railway Corporation's procurement of 80 standard train sets in the second round of bidding on November 5th, supporting profits in the fourth quarter of 2024 and the first quarter of 2025. In addition, CRRC's financial situation is improving.
Hong Kong stocks concept tracking | New EMU bidding exceeds expectations, institutions bullish on the revival of the railroad equipment industry chain (with concept stocks)
The EMU bidding exceeded expectations, and the demand for railroad equipment continues to recover.
Concerns Surrounding Zhuzhou CRRC Times Electric's (HKG:3898) Performance
Zhuzhou CRRC Times Electric Co. Sets Key Meeting
Hong Kong stock market changes | CRRC Corporation (01766) rose nearly 4%, performance continues to steadily improve, will also benefit from new markets and equipment updates in the future.
crrc corporation (01766) rose nearly 4%, as of press time, up 3.85%, at 5.39 Hong Kong dollars, with a turnover of 69.6269 million Hong Kong dollars.
Earnings Miss: Zhuzhou CRRC Times Electric Co., Ltd. Missed EPS By 11% And Analysts Are Revising Their Forecasts
CRRC Corporation Limited's (SHSE:601766) Price Is Right But Growth Is Lacking
Nomura Adjusts Zhuzhou CRRC Times Electric's Price Target to HK$30 From HK$32, Keeps at Neutral
CRRC Posts 13% Higher Q3 Profit as Revenue Jumps 12%
CRRC: CRRC 2024 Third Quarter Report
CRRC 2024 Third Quarter Report
Express News | Crrc Corp - Deal for RMB371.6 Mln
Express News | Crrc Corp - Acquisition of 2.59% Stake in Foreign Trade Financial + Leasing
CRRC: 2024 THIRD QUARTERLY REPORT
Analysis
Price Target
No Data
No Data