Guosen 2025 Annual Industry strategy for the construction sector: Moving towards a balance sheet reduction era and welcoming valuation return.

The reason that construction companies have long-term negative equity is due to the increase in the proportion of long-term Assets and a decline in Asset quality. With the implementation of a series of debt restructuring policies, related receivables of construction companies are expected to be settled, leading to a recovery in Asset quality and a repair in PB valuation.

Zhitong FinanceJan 2 02:53 ET

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.

Zhitong FinanceJan 2 02:20 ET

Hainan Development Holdings Nanhai (002163.SZ): Signed a strategic cooperation agreement with China Railway Construction Corporation Kunlun Investment Group and Guangdong Qidi Technology Development Investment Group.

On December 30, Gelonghui reported that Hainan Development Holdings Nanhai (002163.SZ) announced a tripartite agreement with China Railway Construction Corporation Kunlun Investment Group Co., Ltd. and Guangdong Qiidi Technology Development Investment Group Co., Ltd. The three parties aim to leverage their respective advantages and resources to actively seize market opportunities, and jointly establish a long-term, comprehensive strategic partnership in the fields of Engineering & Construction, New energy Fund, New Materials, and industrial park development and Operation, achieving mutual benefit and high-quality development. They recently signed a Strategic Cooperation Agreement. Under the legal and regulatory framework, the three parties will cooperate on the urban renewal project of China Aviation Sanxin Glass Processing Plant.

Gelonghui FinanceDec 30, 2024 04:53 ET

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.

Zhitong FinanceDec 17, 2024 20:44 ET

China Railway Construction Corporation (01186): "Tiejian YK01" will pay interest on December 23.

China Railway Construction Corporation (01186)发布公告， China Railway Construction Corporation 2022年面向专业投资者公开发...

Zhitong FinanceDec 13, 2024 03:15 ET

Dongxing: Overseas expansion opens up greater development space for leading state-owned enterprise construction.

With the improvement of the global competitiveness of China's central enterprises in the construction sector, overseas development will bring greater development space.

Zhitong FinanceDec 13, 2024 02:10 ET