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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...
China Railway Signal & Communication (HKG:3969) Will Be Hoping To Turn Its Returns On Capital Around
China Railway Signal & Communication, Vietnam Railways Sign Agreement
Express News | Vietnam Govt: China Railway Signal & Communication Signs Mou for Railway Development in Vietnam
Investing in China Railway Signal & Communication (HKG:3969) a Year Ago Would Have Delivered You a 40% Gain
The application for the public issuance of no more than 2.5 billion yuan technology innovation perpetual bonds by china railway signal & communication corporation (688009.SH) has received approval from the China Securities Regulatory Commission.
November 28th, Geelong reported that China Railway Signal & Communication Corporation (688009.SH) announced that the company has received the approval from the China Securities Regulatory Commission for the registration of the issuance of technology innovation renewable bonds to professional investors (Approval Document No. [2024] 1635) (hereinafter referred to as the "Approval Document"), with the main content as follows: 1. Approve the company's application to publicly issue technology innovation renewable corporate bonds with a total face value not exceeding 2.5 billion yuan to professional investors. 2. This issuance of technology innovation renewable corporate bonds should strictly follow the submission to the Shanghai Stock Exchange.
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