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Express News | United in strength! Multiple rescue teams continue to support the earthquake disaster area.
J.P. Morgan: Rating CRRC Corporation and TIMES ELECTRIC as "Shareholding."
JPMorgan released a research report stating that under the positive signals issued by the State Railway Group at the beginning of the year, it is expected that investment in China’s Railway Infrastructure will continue to grow. The bank anticipates that the total capital expenditure for railways in the mainland will reach a historic high of over 90 billion yuan this year, with the budget shifting towards railway equipment procurement. The bank believes that CRRC Corporation (01766) and TIMES ELECTRIC (03898) are well-positioned to seize the opportunities from the growth in capital expenditure, both rated as "Shareholding", and their procurement pace will align with the budget cycle of the State Railway Group. In terms of infrastructure, the bank pointed out that China Railway (00390) is focused on Railway Infrastructure.
"Great Bank" Morgan Stanley: Fully utilize the booming development and growth opportunities of China's Railroads. CRRC (01766.HK), China Railway (00390.HK), and TIMES ELECTRIC (03898.HK) are rated "Shareholding".
JPMorgan released a report indicating that, driven by the positive signals issued by the National Railway Group at the beginning of the year, infrastructure investment in China's railroads is expected to continue to grow. The bank forecasts that the total railway capital expenditure in the mainland will reach a historic high of over 900 billion yuan this year, with the budget shifting towards railroad equipment procurement. The bank believes that CRRC (01766.HK) and TIMES ELECTRIC (03898.HK) are in favorable positions to seize the opportunities arising from capital expenditure growth, both rated as "Shareholding," and their procurement pace will align with the budget cycle of the National Railway Group. In terms of infrastructure, the bank indicated that China Railway (00390.HK) is
China Railway (00390.HK): The "22 Iron Industry 02" will pay interest on January 13.
Glory Union reported on January 6 that China Railway (00390.HK) announced that China Railway Corporation will publicly issue company bonds (Phase 1) (Type 2) (Bond abbreviation: 22 Iron Works 02, Bond code: 185262.SH) for professional investors in 2022, which will start paying interest from January 12, 2024, to January 11, 2025, on January 13, 2025 (postponed to the next Trading day due to January 12, 2025, being a holiday). The coupon rate of this bond (annual interest rate) is 3.28%, with each hand of this bond having a face value of
Express News | Tianjin Capital Environmental Protection Group, Shunyu Co., Ltd. and others jointly established a Water Affairs company.
"No price limit" has sparked intense competition: in Peking, the two plots have attracted over 400 rounds of bidding, totaling nearly 18.2 billion.
At the beginning of 2025, the Peking land auction market welcomed a strong start, with two plots sold for nearly 18.2 billion yuan at a High Stock Price. Due to the absence of price limits on these two plots, developers fiercely competed, with a total of over 400 bidding rounds for the two plots.
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