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Express News | The China Communications Construction Railway Operation Co., Ltd. was inaugurated.
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.
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...
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.
Last year, the passenger traffic on national Railroads increased by 10.8% year-on-year, exceeding 4 billion people.
According to the Securities Times Network, from the work conference of China National Railways Group, it is known that in 2024, the national railways will send 4.08 billion passengers, an annual growth of 10.8%. In 2024, the China National Railways Group will optimize the operation structure of High-speed Rail trains, increase the number of train operations between major cities, expand the operating range of the smart Fuxing trains, and for the first time use the Fuxing high-speed sleeper trains, setting a new historical record for daily passenger volume on national railways, reaching 21.448 million people. The passenger volume during the Spring Festival, summer transportation, and holidays has repeatedly refreshed historical records. In addition, some tourism train market operations will be opened for public bidding, and the silver travel train services will be increased to promote tourism.
China Communications Construction Co Enhances Subsidiary Collaboration
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