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Results 1 - 10 of 12254 for china railway corporation

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  1. China Communications may secure bridge deal

    Posted Apr 16th 2009, 12:00am by Toh Han Shih

    ... led the consortium that won the 200 million yuan design contract. Another consortium which included China Railway Group, a rail construction firm, lost the bid, said Macquarie analyst Anderson ... Toh Han Shih China Communications Construction has a high chance of winning a substantial share of the project to build the Hong Kong-Macau-Zhuhai Bridge, which is worth more than 70 ...

  2. Railway builders may shift focus home after Africa setbacks

    Posted Apr 27th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih The two leading mainland rail construction firms, China Railway Group and China Railway Construction Corp (CRCC), are expected to cut back on overseas ventures and focus ... in their multibillion-dollar projects in Africa, analysts say. The consensus forecast of 23 analysts in a Bloomberg survey is for China Railway's net profit to fall 36.7 per cent to 1.53 billion yuan (HK$1.73 ...

  3. Shenhua to slash project spending

    Posted Mar 31st 2009, 12:00am by Eric Ng

    ... Eric Ng China Shenhua Energy, the country's largest listed coal producer, said it planned to slash investment in projects this year 16.4 per cent to 29.91 billion yuan (HK$33.91 billion), although spending on railway and port capacity would increase. Investment in coal mine development will fall 34.7 per cent to 9.48 billion yuan and investment in power generation will fall ...

  4. China Railway faces slower increase in contracts

    Posted Apr 30th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Growth in China Railway Group's contracts will slow in the latter part of this year compared with the first quarter, according to the railroad construction company ... 1.5 trillion yuan would go to infrastructure including rail. Last year, the value of China Railway's new contracts soared 72.4 per cent to 428.5 billion yuan. For all of this year, China ...

  5. China Railway Construction all out to secure overseas contracts

    Posted Oct 20th 2009, 12:00am by Toh Han Shih

    ... Today, mainland workers are still building railroads across countries- in the Middle East and North Africa- but this time they are employed by a Chinese company. State-owned China Railway ... is involved in more than 20 projects in Saudi Arabia with investments totalling at least US$3.5 billion, according to the firm's website. In a July visit to China Railway's facilities ...

  6. CSRC queries Guangshen Rail books

    Posted Mar 13th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih The mainland securities watchdog had raised issues over the accounting, disclosure and corporate governance of Guangshen Railway, including 264.6 million yuan (HK$300.03 ... but the auditors should have double-checked for errors,' said Raymond So Wai-man, an associate professor at the Chinese University of Hong Kong. The China Securities and Regulatory Commission (CSRC) ...

  7. Sinopec, Chalco, China Railway warn of 50pc profit declines

    Posted Jan 23rd 2009, 12:00am by Carol Chan, Eric Ng, Toh Han Shih

    ... Eric Ng, Toh Han Shih and Carol Chan Leading state-owned enterprises China Petroleum & Chemical Corp (Sinopec), Aluminum Corp of China (Chalco) and China Railway Group are warning ... per cent decline to 2.68 billion yuan, based on mainland standards. China Railway yesterday attributed the profit decline to 'a considerable loss' in the proceeds from its Hong Kong ...

  8. China Railway expects to outdo first-half profit

    Posted Sep 01st 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih China Railway Group is optimistic earnings this year will beat its strong first-half results but says revenue will slow next year when the impact of the four trillion yuan ... to 370.39 billion yuan next year, slower than the 52.7 per cent in this year's first half. Last week, Daiwa Securities SMBC revised up its forecast net profit for China Railway for this year ...

  9. China Railway takeover bid gets warm response from Australia's RMA

    Posted Aug 12th 2009, 12:00am by Toh Han Shih

    ... Energy yesterday expressed enthusiasm for a proposal by China Railway Group, one of the mainland's largest state-owned rail construction firms, to acquire a majority stake in RMA for up to A$15 million (HK$97.82 million). China Railway, through wholly owned mining subsidiary China Railway Resources Group, said on Monday that it intended to increase its stake in RMA from 11.2 per ...

  10. Air China presence in Cathay to show contrast in corporate cultures

    Posted Aug 22nd 2009, 12:00am by Charlotte So

    ... more Air China directors are expected to join the Cathay board, bringing the representation to four. Cathay and Air China come from two radically different corporate worlds. One of the most ... Charlotte So When Cathay Pacific Airways executives joined the board of state-owned Air China after the carrier took a stake in the mainland airline in 2006, they were in for a rude ...




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