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A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
Zhuzhou CRRC Times Electric Cancels 4.8 Million Shares
CRRC to Invest Into 3 Billion Yuan Partnership Fund; Shares Jump 4%
Hong Kong stocks show movement丨The Concept of special valuation stocks collectively rise, the State-owned Assets Supervision and Administration Commission requires central enterprises to view Market Cap management as a long-term Global Strategy management
On December 18th, according to Gelonghui, concept stocks with undervalued valuation in the Hong Kong stock market collectively rose. Among them, Dongfeng Group rose over 7%, CHINA TOWER, CHINA RES GAS, and CRRC Corporation rose over 3%, while China Railway, CHINA COMM CONS, China Railway Construction Corporation, SINOTRUK, and Weichai Power rose over 2%. The State-owned Assets Supervision and Administration Commission (SASAC) issued several opinions yesterday on improving and strengthening the Market Cap management work of central enterprise-controlled listed companies, requiring central enterprises to regard Market Cap management as a long-term strategic management practice, to improve the work system and mechanism for Market Cap management, and to enhance the effectiveness of Market Cap management work. SASAC required that central enterprises focus on mergers and acquisitions, market-oriented reform, and information disclosure.
Reemphasizing the Market Cap management of central state-owned enterprise listed companies! In the Hong Kong stock market, the Concept of valuation generally recovers, with China United Network Communications rising nearly 3%.
① What bullish policies for dividend stocks have been announced in the market since the beginning of this year? ② How do institutions view the current dividend stocks?
Hong Kong stocks movement | CRRC Corporation (01766) rises over 4% as CRRC Capital subscribes 0.3 billion yuan in the Technology achievements transformation venture Fund.
CRRC Corporation (01766) rises over 4%. As of the time of publication, it has increased by 4.36%, priced at 4.79 Hong Kong dollars, with a transaction volume of 26.1222 million Hong Kong dollars.