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China Railway Construction ( (HK:1186) ) has provided an update.
China Railway Construction has announced the signing of a New Property Leasing Framework Agreement with its controlling shareholder, CRCCG, effective from January 1, 2026, to December 31, 2026. This agreement, which involves an estimated expenditure cap of RMB200 million, aims to regulate ongoing connected transactions, ensuring compliance with Hong Kong Listing Rules. The transactions are subject to reporting and annual review requirements but are exempt from independent shareholders’ approval, reflecting a strategic move to maintain operational continuity and regulatory adherence.
The most recent analyst rating on (HK:1186) stock is a Buy 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 is a prominent company in the construction industry, primarily focusing on infrastructure development, including railways, highways, and property leasing. The company operates with a significant market presence, supported by its controlling shareholder, CRCCG, which holds a majority stake.
Average Trading Volume: 8,853,124
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$112.9B
Find detailed analytics on 1186 stock on TipRanks’ Stock Analysis page.