No Data
Hong Kong stock concept tracking | National Railway new tender exceeded expectations again, the quantity of advanced repairs for EMU entered a period of growth (including conceptual stocks)
In 2024, China Railway Group plans to invest over 1 trillion RMB, a significant increase from the previous years' 800 billion, mainly in investment projects including conventional railroads, freight lines, and high-speed rail.
Hong Kong stock market anomaly | Times electric (03898) rose nearly 4% at the end of the day, the company will release its performance next Friday. Morgan Stanley stated that the performance forecast exceeded market expectations.
Times Electric (03898) rose nearly 4% in the final trading session. As of press time, it rose 3.45%, to HKD 29.95, with a turnover of HKD 56.8551 million.
In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.
From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.
Huachuang Securities: 2024 may have entered a new cycle of rail transit.
Since 2023, the rail transit equipment industry may be entering a new cycle due to factors such as "improving passenger flow, maintenance cycles, and equipment updates", and is expected to open up a larger market space.
Zheshang Securities: Railroad investment is stable. Equipment updates and maintenance cycles have arrived.
In the first half of 2024, China's railroads fixed assets investment reached CNY 337.3 billion, a year-on-year increase of 10.6%. Assuming that the growth rate continues to be 10% in the second half of the year, the investment of railroads in 2024 is expected to reach CNY 840 billion for the whole year.
0.9% Earnings Growth Over 3 Years Has Not Materialized Into Gains for Zhuzhou CRRC Times Electric (HKG:3898) Shareholders Over That Period
No Data
