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Express News | China Railway Signal & Communication - Lou Qiliang Has Resigned as President
China Railway Signal & Communication Corporation (688009.SH): Lou Qiliang resigns from the position of company's president.
China Railway Signal & Communication Corporation (688009.SH) announced that the board of directors has received the resignation report from Mr. Lou Qiliang, the company's president. Mr. Lou Qiliang has resigned from the position of company president due to adjustments in job responsibilities, but will continue to serve as the chairman of the board, executive director, chairman of the board's strategic and investment committee, and chairman of the board's quality and safety committee.
Hong Kong stocks anomalies | Infrastructure stocks plummet across the board, second-quarter sector performance and cash flow significantly decline, institutions point out that infrastructure funding is under pressure.
Infrastructure stocks are plummeting across the board. As of the time of writing, China Communications Construction (01800) fell 7.03% to HKD 3.97; China Railway Signal & Communication Corporation (03969) fell 6.36% to HKD 2.65; China Railway Construction Corporation (01186) fell 4.65% to HKD 4.31; and China Railway (00390) fell 3.09% to HKD 3.14.
Why China Railway Signal & Communication's (HKG:3969) Shaky Earnings Are Just The Beginning Of Its Problems
China Railway Signal & Communication Corporation (03969.HK) received a shareholding of 2.071 million shares from Ningquan Assets.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on August 26, 2024, China Railway Signal & Communication Corporation (03969.HK) obtained an increase of 2.071 million shares at an average price of 3.09 Hong Kong dollars per share by Shanghai Ningquan Asset Management Co., Ltd. in the market, involving approximately 6.3994 million Hong Kong dollars. After the increase, the latest number of shares held by Shanghai Ningquan Asset Management Co., Ltd. is 217,315,000 shares, and the shareholding ratio has increased from 10.93% to 11.04%.
China Railway Signal & Communication's H1 Profit Slips 12%, Operating Income Down 14%; Shares Fall 3%
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