• Wed
  • Sep 17, 2014
  • Updated: 1:40pm

China Railway Construction Corp

China Railway Construction Corp wins 13.2b yuan of orders

China Railway Construction Corporation has won two contracts worth 13.2 billion yuan (HK$16.4 billion), the company announced on the Shanghai Stock Exchange website yesterday.

Tuesday, 13 November, 2012, 3:53am

CRCC raises HK$1.9b in extra share sale

China Railway Construction Corp (CRCC) has sold about HK$1.94 billion worth of extra shares, partially exercising its over-allotment option, according to its latest statement filed with the Hong Kong stock exchange yesterday.

2 Apr 2008 - 12:00am

CRCC short of steam on trading debut

China Railway Construction Corp, the nation's second-largest railway builder, posted weaker than expected gains in its trading debut yesterday as it was caught up in the market malaise.

CRCC jumped 12.15 per cent from its issue price of HK$10.70 to close at HK$12, sliding back from the day's peak of HK$12.66. About HK$14.32 billion worth of shares changed hands.

14 Mar 2008 - 12:00am

China and India lead world in IPO issues

China and India are the top markets for initial public offerings across the world so far this year, thanks to mammoth share sales by China Railway Construction Corp and Reliance Power, according to Thomson Financial.

The mainland has kept its lead over international rivals because stocks still habitually trade at premiums on their listing debuts.

14 Mar 2008 - 12:00am

CRCC looks set for disappointing debut

China Railway Construction Corp (CRCC), the nation's second-largest railway constructor, looks set to join the growing list of initial public offering disappointments today.

The shares climbed only 18 per cent above their offer price of HK$10.70 in the grey market yesterday, according to PhillipMart, an automated electronic platform for pre-listing shares.

13 Mar 2008 - 12:00am

CRCC offer draws record HK$455b

Orders from retail investors top Alibaba sale

China Railway Construction Corp (CRCC) attracted a record HK$455 billion worth of orders from retail investors for its initial public share offering, breathing new life into the struggling market for new offerings.

6 Mar 2008 - 12:00am

Institutional orders for CRCC offer hit HK$330b

China Railway Construction Corp (CRCC), the mainland's second-largest infrastructure builder, has received HK$330 billion of institutional orders for its H-share offering one week after the launch of the international roadshow, sources said.

The orders represent about 19 times the shares available for the institutional tranche, the sources added.

4 Mar 2008 - 12:00am

Margin orders for CRCC offering exceed HK$50b

Retail portion of rail builder's stock revives listing appetite

Investors have regained some appetite for new listings by ordering more than HK$50 billion worth of shares of China Railway Construction Corp (CRCC) on margin on the first day of its initial public offering.

1 Mar 2008 - 12:00am

Honghua IPO draws lukewarm retail response

Honghua Group, the world's second-largest producer of onshore oil and gas drilling rigs, has drawn lukewarm retail orders for its initial public offering as investors prefer to wait for the upcoming share sale by China Railway Construction Corp, which is considered a safer bet in the current volatile market.

28 Feb 2008 - 12:00am

Rail builder to gain from growth outlook but faces valuation risk

A volatile stock market and a high price-earnings ratio could cast a shadow on China Railway Construction Corp's initial public offering in two weeks. But analysts say the company has the potential to generate strong profits considering the mainland's vast infrastructure development efforts.

26 Feb 2008 - 12:00am

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