01766 CRRC
- 4.950
- 0.0000.00%
CRRC News
HAITONG SEC: The prosperity of rail transit equipment remains stable, and going overseas is expected to become a new growth pole.
The demand for the procurement tender of trainsets and advanced repairs in 2024 remains strong, combined with the implementation and advancement of equipment renewal policies and the retirement and updating policies for old diesel locomotives, as well as the acceleration of overseas expansion; rail transit equipment is expected to benefit.
CRRC Corporation Limited's (SHSE:601766) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
CRRC Corporation (601766.SH): The company has no intention of acquiring Dandong Huanghai Autos.
Gelonghui reported on January 7 that CRRC Corporation (601766.SH) stated on the interactive platform that in April 2024, its subsidiary will wholly establish Dandong CRRC Times New Energy Equipment Co., Ltd. in Dandong City, primarily engaged in the manufacturing and sales of wind power Generators and components. The company has no intention to acquire Dandong Huanghai Autos.
CRRC Corporation (601766.SH): The axles have basically all been localized.
Gelonghui, January 7丨CRRC Corporation (601766.SH) stated on the interactive platform that the localization of axle manufacturing has basically been achieved, and the current axle suppliers include both internal and external sources.
CRRC Corporation (601766.SH): Currently, there is no layout in the low-altitude economy.
Gelonghui reported on January 7 that CRRC Corporation (601766.SH) stated on the interactive platform that the company currently has no plans in the low-altitude economy.
J.P. Morgan: Rating CRRC Corporation and TIMES ELECTRIC as "Shareholding."
JPMorgan released a research report stating that under the positive signals issued by the State Railway Group at the beginning of the year, it is expected that investment in China’s Railway Infrastructure will continue to grow. The bank anticipates that the total capital expenditure for railways in the mainland will reach a historic high of over 90 billion yuan this year, with the budget shifting towards railway equipment procurement. The bank believes that CRRC Corporation (01766) and TIMES ELECTRIC (03898) are well-positioned to seize the opportunities from the growth in capital expenditure, both rated as "Shareholding", and their procurement pace will align with the budget cycle of the State Railway Group. In terms of infrastructure, the bank pointed out that China Railway (00390) is focused on Railway Infrastructure.
J.P. Morgan: Make full use of the booming development and growth opportunities of China's Railroads. CRRC Corporation (01766), TIMES ELECTRIC (03898) rated as "Shareholding".
JPMorgan expects that the total capital expenditure for Railroads in the mainland will reach a historical high of over 900 billion yuan this year, with the budget shifting towards purchasing railway equipment.
Infrastructure stocks are collectively under pressure, with China Railway (00390) down 3.54%. Institutions indicate that current state-owned general contractors are facing significant pressure on both the payment and receipt ends.
Jinwu Finance | Infrastructure stocks are collectively under pressure, with China Railway (00390) down 3.54%, TIMES ELECTRIC (03898) down 3.35%, CHINA COMM CONS (01800) down 3.1%, Metallurgical Corporation of China (01618) down 3.05%, China Railway Signal & Communication Corporation (03969) down 2.88%, and CRRC Corporation (01766) down 2.79%. Guosen stated that downstream demand in the construction Industry has declined, resulting in fewer new Orders for construction enterprises and slowing growth in output value. Major state-owned enterprises are seizing market share with lower financing costs, while private enterprises are experiencing a continuous decline in revenue performance. Due to engineering payment progress...
Hong Kong stocks are moving differently | Infrastructure stocks today generally fell, as the construction industry's demand showed a seasonal decline. Institutions state that the financial statements of construction companies are under continuous pressure
Infrastructure stocks fell broadly today. As of the time of reporting, China Railway (00390) dropped 3.79%, closing at 3.81 HKD; TIMES ELECTRIC (03898) fell 3.66%, closing at 31.6 HKD; CRRC Corporation (01766) decreased by 2.79%, closing at 4.87 HKD; China Railway Construction Corporation (01186) fell by 2.62%, closing at 5.58 HKD; China Communications Construction (01800) declined by 2.73%, closing at 5.34 HKD.
CRRC Corporation Moves to Diversify Board Leadership
CRRC Announces Board and Committee Leadership
CRRC Corporation (01766): Jiang Renfeng resigned as Director.
CRRC Corporation (01766) announced that on December 31, 2024, the Board of Directors received a report from non-executive director Mr. Jiang Renfeng...
Hong Kong stock market movement | CRRC Corporation (01766) rises nearly 4%. Recently signed several projects involving over 69 billion yuan, the company is expected to benefit from the locomotive renewal and replacement process.
CRRC Corporation (01766) rose nearly 4%, as of the time of this report, it increased by 3.93%, trading at 5.03 Hong Kong dollars, with a transaction amount of 0.11 billion Hong Kong dollars.
Hong Kong stocks morning report on December 31: The total amount of stock buybacks in Hong Kong exceeds 260 billion yuan for the year. In November, overall exports from Hong Kong grew 2.1% year-on-year.
① The company's total repurchase amount in Hong Kong stocks exceeded 263.4 billion Hong Kong dollars for the whole year. ② YUEXIU PROPERTY invested approximately 2.2 billion and jointly won a plot of land in Shanghai. ③ Guolian has completed the transfer of purchased Assets. ④ In November, exports from Hong Kong increased by 2.1% year-on-year.
Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Share Price Could Signal Some Risk
L'avenir Du Rail À Grande Vitesse : Le Prototype CR450 EMU Fait Son Entrée, À 400 Km/h
CRRC Secures Major Contracts Across Multiple Sectors
CRRC Corporation (01766): Recently signed several contracts with a total amount of approximately 69.35 billion yuan.
CRRC Corporation (01766) announced that the company recently (mainly for August to December 2024) signed several...
Express News | Crrc Corp Says Aug-Dec Contracts Total About 69.4 Bln Yuan
CRRC (SHSE:601766) Seems To Use Debt Rather Sparingly
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