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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...
Metallurgical Corp. Completes Share Transfer to Minmetals
Metallurgical Corp of China Unveils Board Composition
Metallurgical Corporation of China (01618): Bai Xiaohu has been newly elected as an executive director of the third Board of Directors.
Metallurgical Corporation of China (01618) announced that at the temporary Shareholder meeting, Bai Xiaohu was newly elected as the executive of the company's third Board of Directors...
Institutional perspective: Pay attention to the market cap management and allocation opportunities of state-owned enterprises.
The State-owned Assets Supervision and Administration Commission strengthens guidance on the Market Cap management work of central enterprises, and Market Cap management is included in the performance evaluation of the heads of central state-owned enterprises.
Zou Hongying, Vice President and Chief Accountant of Metallurgical Corporation of China (601618.SH), has resigned.
The Metallurgical Corporation of China (601618.SH) announced that on December 27, 2024, the company's Board of Directors received a report from the vice president, ...