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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
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