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China Railway Group Wins Major Bid for Kyrgyzstan Railway Project

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China Railway Group ( (HK:0390) ) just unveiled an update.

China Railway Group Limited announced that its subsidiary, China Railway No. 5 Engineering Group Co., Ltd., has won a significant bid for the construction of a section of the China-Kyrgyzstan-Uzbekistan Railway within Kyrgyzstan. This project, valued at approximately RMB1.516 billion, is a major milestone in the Belt and Road Initiative, highlighting China Railway’s commitment to expanding its high-quality overseas operations and strengthening its position in international infrastructure development.

More about China Railway Group

China Railway Group Limited operates in the construction and engineering industry, primarily focusing on infrastructure projects such as railways, highways, and urban transit systems. The company is a key player in the Belt and Road Initiative, aiming to enhance connectivity and cooperation across Asia and beyond.

YTD Price Performance: -14.12%

Average Trading Volume: 1,039

Technical Sentiment Signal: Buy

Current Market Cap: $17.54B

For a thorough assessment of 0390 stock, go to TipRanks’ Stock Analysis page.

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