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
CRRC Corporation (601766.SH): A subsidiary plans to transfer 80% equity of the equipment company to the parent company free of charge.
Gelonghui, December 23丨CRRC Corporation (601766.SH) announced that the Board of Directors has approved the free transfer of 80% equity held by its wholly-owned subsidiary CRRC Asset Management Co., Ltd. in Beijing North Vehicle CRRC Rail Transit Equipment Co., Ltd. (referred to as "Equipment Company") to the company. After this transfer is completed, the Equipment Company will become a first-level subsidiary of the company.
A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
Zhuzhou CRRC Times Electric Cancels 4.8 Million Shares
Express News | Dubai's Roads and Transport Authority Awards AED 20.5 Bln Dubai Metro Blue Line Project Contract for Consortium of Three Companies
Reiterating Market Cap management! Most Hong Kong dividend stocks are rebounding, with CRRC Corporation leading the way.
① What bullish policies for dividend stocks have been announced in the market since the beginning of this year? ② How do institutions view the current dividend stocks?
Hong Kong stocks are moving differently | Infrastructure stocks rose in early trading as the State-owned Assets Supervision and Administration Commission released Market Cap management opinions. Institutions are Bullish on the fundamentals and valuation r
Infrastructure stocks rose in the morning session. As of the time of writing, CRRC Corporation (01766) was up 4.36%, at 4.79 Hong Kong dollars; China Railway Construction Corporation (01186) was up 2.73%, at 5.65 Hong Kong dollars; China Railway (00390) was up 2.64%, at 3.89 Hong Kong dollars.
CRRC Corporation (01766) subsidiary CRRC Capital intends to subscribe to the partnership shares of the Zhongke Technology Achievement Transformation Venture Capital Fund (Guangdong) Partnership (Limited Partnership).
CRRC Corporation (01766) released an announcement to innovate investment models, promote the effective integration of "production" and "research," and establish Technology...
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