• Sat
  • Oct 25, 2014
  • Updated: 7:39pm

China Communications Construction

Port Miami delegation in Beijing to woo Asian cargo

A high-powered team from Port Miami will meet more than 70 mainland manufacturers, investors and government bodies in Beijing today in a bid by eastern American and Gulf coast ports to attract Asian maritime interests.

Wednesday, 5 December, 2012, 3:12am

China Communications Construction expects more contracts in H2

China Communications Construction (CCC) expects to gain more orders in the second half of the year as mainland authorities speed up infrastructure projects.

30 Aug 2012 - 3:17am

Corruption claims force internal probes at S.O.E.s

A number of major mainland state-owned enterprises (SOEs) have been ordered to conduct internal investigations into claims that corruption might have affected up to a dozen railway projects.

Construction problems have surfaced recently in many rail projects across the country, according to China Economic Net, a mainland business news portal.

15 Aug 2012 - 11:11pm

Port builder rises 23pc as concerns fade

Shares of China Communications Construction (CCC) made a strong debut on the Shanghai Stock Exchange yesterday as investors took heart from the upbeat remarks by the chairman of the country's largest port builder.

Shares opened at 6.99 yuan in the morning, up 29.4 per cent from the offering price of 5.4 yuan, before ending at 6.66 yuan, 23.3 per cent higher.

10 Mar 2012 - 12:00am

Port builder battles to maintain margins

China Communications Construction pleasantly surprised the market with an 88.6 per cent increase in last year's net profit to 6.03 billion yuan (HK$6.72 billion), but not all analysts were impressed.

14 Apr 2008 - 12:00am

China Communications forecasts solid earnings increase in second half

China Communications Construction Company, a leading mainland transport infrastructure builder, said earnings in the second half of last year probably exceeded those of the first six months.

21 Jan 2008 - 12:00am

Port builder posts 153pc profit jump

China Communications Construction, the country's largest port builder, posted a 153 per cent increase in first-half net profit, fuelled by a surge in port projects in the mainland and overseas.

Chairman Zhou Jichang said demand for transport infrastructure would continue growing in the second half.

8 Sep 2007 - 12:00am

China Communications plans 11b yuan spending

China Communications Construction, the mainland's biggest port builder, has budgeted more than 11 billion yuan as capital spending this year for investment projects that can generate higher returns.

12 Apr 2007 - 12:00am

China Communications gains from port growth

China Communications Construction, the mainland's largest port machinery maker, reported a higher than expected 45.7 per cent annual profit growth, thanks to government spending on infrastructure and port expansion.

Net profit rose to 3.2 billion yuan from 2.2 billion yuan in 2005, while sales jumped 38 per cent to 114.88 billion yuan.

11 Apr 2007 - 12:00am

QUOTES OF THE WEEK

'We only focus on property. We are not as smart as Mr Lee when it comes to investing.'

Sun Hung Kai Properties boss Walter Kwok Ping-kwong, referring to rival developer Henderson Land chairman Lee Shau-kee, who famously said it was easier to make money on China's H shares than local properties

9 Dec 2006 - 12:00am