Earnings Update: Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts

Simply Wall StMar 1 20:25 ET

There Are Reasons To Feel Uneasy About Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital

Simply Wall StFeb 27 20:58 ET

Zhuzhou CRRC Times Electric's 2024 Profit Jumps 22%

MT NewswiresFeb 27 05:58 ET

Zhuzhou CRRC Times Electric Cancels Repurchased Shares

MT NewswiresFeb 26 05:59 ET

The Returns On Capital At CRRC (SHSE:601766) Don't Inspire Confidence

Simply Wall StFeb 19 00:24 ET

[Hotspot Tracking] Dongfeng Group and Chongqing Changan Automobile may initiate a merger and reorganization. What effects will the restructuring of these two state-owned car companies bring?

Jinwu Financial News | On the evening of February 9th, A-share listed companies Chongqing Changan Automobile (000625.SZ), Dong Feng Co. (600006.SH), and Dong Feng Electronic Technology (600081.SH) separately announced that their indirect controlling shareholders are negotiating restructuring matters in cooperation with Other state-owned central enterprises, which will result in a change of the company's controlling shareholder, but the actual controller will not change. Although not explicitly stated, the fact that Dong Feng Group and Chongqing Changan Automobile Group released similar announcements at the same time has led the market to speculate on the possibility of a merger and restructuring between the two major automotive companies. If Chongqing Changan Automobile and Dong Feng's two major automotive groups merge, it will create a...

Jingwu Financial NewsFeb 11 00:18 ET

Does Zhuzhou CRRC Times Electric (HKG:3898) Have A Healthy Balance Sheet?

Simply Wall StFeb 10 22:09 ET

Chinese Firms Complete Delivery of Country's First Hybrid Diesel Locomotives

MT NewswiresFeb 10 05:23 ET

Little Excitement Around CRRC Corporation Limited's (SHSE:601766) Earnings

Simply Wall StFeb 5 21:19 ET

Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Simply Wall StJan 23 17:45 ET

Zhuzhou CRRC Times Electric Announces Upcoming Board Meeting

TipRanksJan 22 03:38 ET

Investors in CRRC (SHSE:601766) Have Seen Decent Returns of 46% Over the Past Year

Simply Wall StJan 20 23:26 ET

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.

Zhitong FinanceJan 16 01:15 ET

CRRC Corporation Limited's (SHSE:601766) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Simply Wall StJan 7 18:27 ET

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.

Gelonghui FinanceJan 7 04:27 ET

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.

Gelonghui FinanceJan 7 04:24 ET

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.

Gelonghui FinanceJan 7 04:16 ET

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.

Sina Hong Kong StocksJan 7 04:06 ET

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.

Zhitong FinanceJan 7 03:45 ET

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...

Jinwu Financial NewsJan 2 02:30 ET