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China Railway Group ( (HK:0390) ) just unveiled an announcement.
China Railway Group Limited announced that its subsidiaries have secured a significant contract for the civil engineering construction of three sections of the China-Kyrgyzstan-Uzbekistan Railway within the Kyrgyz Republic, with a total contract value of approximately RMB5.343 billion. This project is a key component of the Belt and Road Initiative, underscoring China Railway’s strategic role in international infrastructure development and enhancing its positioning in the global market.
The most recent analyst rating on (HK:0390) stock is a Buy with a HK$4.80 price target. To see the full list of analyst forecasts on China Railway Group stock, see the HK:0390 Stock Forecast page.
More about China Railway Group
China Railway Group Limited operates in the construction and engineering industry, specializing in infrastructure projects such as railways, highways, bridges, and tunnels. The company focuses on both domestic and international markets, contributing significantly to large-scale projects under China’s Belt and Road Initiative.
YTD Price Performance: -4.55%
Average Trading Volume: 27,863,779
Technical Sentiment Signal: Buy
Current Market Cap: HK$142.3B
For detailed information about 0390 stock, go to TipRanks’ Stock Analysis page.