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  • November 29, 2014
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  1. Business - China Business

    Mainland railway firm eyes US project

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... of China Railway Construction Corp is talking to a US company on building a retirement community in Nevada, said Yu Xingxi, the finance and accounting manager of the Shanghai and Hong Kong-listed ... Toh Han Shih hanshih.toh@scmp.com CRCC is negotiating to build retirement community in Nevada costing US$700 million Mainland rail firm eyes US project Despite the China ...

  2. Port builder battles to maintain margins

    Posted Apr 14th 2008, 12:00am by Kandy Wong

    ... leading construction stocks, which include China Railway Group and China Railway Construction Corp. It is also higher than 'other construction stocks in the world, [whose margins] usually run ... Construction probably helps explain its relatively higher margin, Mr Cheung said. 'Its machinery business can generate higher profitability.' China Railway operates primarily as a civil ...

  3. SinoMedia falls 0.38pc on debut

    Posted Jul 09th 2008, 12:00am by Staff Reporter

    ... Securities. 'Unless there is a mega deal like China Railway Construction Corp's, investors will not put a dime in new offerings now.' ...

  4. Cash-starved corporations to issue bonds

    Posted Oct 11th 2011, 12:00am

    ... the second quarter, China Railway 19 Bureau Group, a subsidiary of China Railway Construction Corporation (CRCC), suffered a net operating cash outflow of 123.5 million yuan, compared to a net ... the Ministry of Finance yesterday announced that the tax on interest payment from railway bonds would be halved from 2011 to 2013. Separately, China CNR Corporation, a Shanghai-listed train maker, ...

  5. Chinalco's engineering arm braves difficult market

    Posted Jun 21st 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com China Aluminum International Engineering, the engineering and construction unit of state-owned Aluminum Corporation of China (Chinalco), is going where only ... that provided China Aluminum prices its shares at a reasonable level- plus promised help from cornerstone corporate investors that will take up about half the offer- the company should be able to pull ...

  6. Railways, transport ministries team up for projects

    Posted Oct 17th 2011, 12:00am

    ... to the border town of Alashankou in Xinjiang province, the railways ministry website said. Five other container rail projects are in the pipeline: Shenzhen to southern and southwest China; Tianjin ... a Shanghai equity analyst said. 'Many rail projects have been halted for lack of funds and many workers have not been paid.' Major builder China Railway Construction Corp has not received ...

  7. News - China Insider - SCALPING

    The cat-and-mouse game between China's railway authorities and web-savvy scalpers

    Posted Jan 10th 2014, 08:04pm by Jeremy Blum

    ... with internet-savvy scalpers who have exploited loopholes in the railway ticketing website in order to purchase tickets at peak travel times. The state-owned China Railway Corporation's ticketing ... for the China Railway Corporation, which spent over 529 million yuan (HK$ 678 million) to open the site and operate its web commerce system. The website has frequently been called buggy and incapable ...

  8. Beijing backs 200b yuan boost for railways ministry

    Posted Nov 02nd 2011, 12:00am

    ... quarter, of which 40 billion yuan have been issued. The bond issue would enable the ministry to pay China Railway Group and CRCC, the two dominant rail construction firms, as well as other rail companies, said James Chung, an analyst with MasterLink Securities. 'The balance sheets of China Railway Group and China Railway Construction Corporation [CRCC] will definitely improve ...

  9. China South Locomotive delays listing date

    Posted Jul 29th 2008, 12:00am by Staff Reporter

    ... Kong shares at 18 to 20 times this year's earnings, or at a 30 to 35 per cent discount to peers such as China Railway Group and China Railway Construction. The Shanghai shares will begin ... Wong Ka-chun, Tim LeeMaster China South Locomotive and Rolling Stock has pushed back by a week the tentative listing date for the H-share side of its US$1.9 billion initial public ...

  10. China's rail titans bid for U.S. high-speed project

    Posted Jun 22nd 2011, 12:00am

    ... for the first high-speed rail project in the United States. The consortium comprising the Shanghai Railway Bureau, China Railway Construction Corporation (Hong Kong- and Shanghai-listed CRCC), CSR Corporation (also listed in Hong Kong and Shanghai) and the Third Railway Survey and Design Institute (majority-owned by the Railways Ministry) submitted an expression of interest in March to bid ...




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