China Communications Construction: In 2024, revenue is projected to be 768.2 billion, with new contracts worth 1.88 trillion, and emerging Business growth at 46%, while profitability is under pressure.

Summary of key points on revenue structure changes: In 2024, revenue reached 768.243 billion yuan, a year-on-year growth of 1.7%; among them, domestic...

wallstreetcnMar 27 17:34

The State-owned Assets Supervision and Administration Commission of the State Council: unswervingly strengthen, optimize, and expand state-owned capital and state-owned enterprises.

The 2025 Issue 6 of the "Seeking Truth" magazine published a signed article by the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council titled "Unwaveringly Strengthening, Optimizing and Expanding State-owned Capital and State-owned Enterprises."

cls.cnMar 16 12:30

The State-owned Assets Supervision and Administration Commission makes an important statement! It concerns the Market Cap management and restructuring of central enterprises.

Latest deployment.

Securities TimesJan 17 18:05

"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.

cls.cnJan 2 21:11

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.

CICC Insights.Dec 30, 2024 08:37

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.

cls.cnDec 20, 2024 11:25