The State-owned Assets Supervision and Administration Commission makes an important statement! It concerns the Market Cap management and restructuring of central enterprises.
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China Communications Construction: Wang Jian Resigned as Vice President >1800.HK
CHINA COMM CONS (01800.HK): Wang Jian resigns as the company's vice president.
Gelonghui January 17丨CHINA COMM CONS (01800.HK) announced that on January 17, 2025, the Board of Directors received a resignation letter from Wang Jian. Wang Jian has resigned as the company's vice president due to age reasons, effective from January 17, 2025.
Express News | China Communications Construction: Vice President Wang Jian has resigned.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: Continuously improve and strengthen Market Cap management, and optimize the management of state-owned equity in listed companies.
Express News | The State-owned Assets Supervision and Administration Commission of the State Council: By 2025, continuously improve the quality of centrally-owned listed companies, and promote the strengthening, optimization, and expansion of state-owned capital and sta
Express News | The President of Sri Lanka held talks with several Chinese companies, including BYD, Huawei, and Sinopec, seeking to attract investment.
China Communications Construction (601800.SH) will pay 0.14005 yuan per share for the half year, with a record date for shareholders set for January 21.
China Communications Construction (601800.SH) announced that the company will implement the 2024 half-year equity distribution, distributing... per share.
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
CHINA COMM CONS (01800) is still actively promoting the nomination procedure for female Director candidates.
CHINA COMM CONS (01800) announced that the Hong Kong Exchanges and Clearing Limited (the Exchange) will not regard members as entirely...
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.
CHINA COMM CONS (01800.HK) has completed the sale of its equity in China Communications Services.
Gelonghui reports on December 27 that CHINA COMM CONS (01800.HK) announced that as of the date of this announcement, CCCG Real Estate Corporation has paid a total of RMB 167.987616 million and RMB 104.99226 million to the First Public Bureau Group and CHINA Communications Investment according to the Equity Transfer agreement, and that CHINA Communications Service has completed the registration procedures for the equity transfer.
Express News | The State-owned Assets Supervision and Administration Commission: Establish a solid scientific Market Cap management concept to better maintain Capital Markets stability.
China Communications Construction (601800.SH): A subsidiary intends to implement an internal equity restructuring.
On December 23, Greentown announced that China Communications Construction (601800.SH) reported that the Board of Directors has agreed to the internal equity restructuring of the company's holding subsidiary. The company's holding subsidiary, China Communications Asset Management Co., Ltd. (referred to as China Communications Asset Management), will acquire 60% of the shares of China Communications Infrastructure Maintenance Group Co., Ltd. (referred to as China Communications Maintenance) held by the company through a private agreement, with a transaction price of approximately 1,606.7695 million yuan (subject to the appraisal filing results); upon completion, China Communications Asset Management will hold 100% of the shares of China Communications Maintenance.
China Communications Construction's Unit Redeems $1 Billion of Outstanding Securities