Zhuzhou CRRC Times Electric (HKG:3898) Might Be Having Difficulty Using Its Capital Effectively

Simply Wall StNov 24 19:32 ET

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.

Zhitong FinanceNov 22 00:50 ET

Hong Kong stock market midday review | Hang Seng Index fell 2.12% in the morning, car dealers/auto retailers layout new energy fund, and the stock price soared.

Currently, increasing investment in the new energy vehicle sector may become one of the ways for many dealers to break the deadlock.

Zhitong FinanceNov 10 23:00 ET

[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.

Golden Guard Financial NewsNov 10 20:42 ET

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.

Zhitong FinanceNov 6 20:24 ET

Concerns Surrounding Zhuzhou CRRC Times Electric's (HKG:3898) Performance

Simply Wall StNov 6 17:46 ET