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An announcement from China Railway Construction ( (HK:1186) ) is now available.
China Railway Construction Corporation Limited has secured significant contracts for two major railway projects in China. The company, through its consortiums, will undertake pre-construction work on the Hefei–Chizhou Railway and the Wenzhou-Fuzhou High-speed Railway, with project values exceeding RMB 1.5 billion each. These projects are expected to enhance the company’s operational capacity and strengthen its position in the infrastructure sector.
The most recent analyst rating on (HK:1186) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on China Railway Construction stock, see the HK:1186 Stock Forecast page.
More about China Railway Construction
China Railway Construction Corporation Limited is a leading enterprise in the construction industry, specializing in large-scale infrastructure projects such as railways and bridges. The company focuses on expanding its market presence through major construction projects across China.
Average Trading Volume: 8,411,377
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$112.1B
For a thorough assessment of 1186 stock, go to TipRanks’ Stock Analysis page.