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  • Dec 27, 2014
  • Updated: 8:17pm

China Railway Construction Corporation

Railway builder apologises for village scuffle over land dispute

Villagers in Henan province said they were attacked on Sunday morning by more than 300 uniformed construction workers with metre-long sticks. The bureau said the villagers were "unco-operative".

Wednesday, 17 April, 2013, 11:09pm

Henan villagers 'beaten up by hundreds of rail workers' over land dispute

Workers from the China Railway 13th Bureau were allegedly sent to rough up villagers in Huangchuan, central China's Henan province. Photo: Screenshot/Dahe.cn

The villagers said they were attacked by more than 300 uniformed construction workers with metre-long sticks, new portal Dahe.com reported on Monday.

16 Apr 2013 - 12:15pm

Mainland property developers feel heat from rail builders

Property is a tiny fraction of CRCC, contributing just 3 per cent of the company's turnover of 457.37 billion yuan in 2011. Photo: Bloomberg

There are two new kids on the property block on the mainland, namely the nation's big railway builders, China Railway Group and China Railway Construction Corporation (CRCC), which are fast becoming major property developers that are likely to overtake leading mainland and Hong Kong players in the near future.

19 Nov 2012 - 4:13am

Mainland railway firm eyes US project

China Railway Construction Corp is seeking infrastructure project opportunities all around the world.

Despite the China-bashing in the United States presidential election, which has entered its final week, a Chinese state-owned enterprise is in talks to win a US infrastructure project worth at least US$700 million.

3 Nov 2012 - 3:22am

Railway giant takes detour into property

Railway construction is slowing for CRCC.Photo: Bloomberg

China Railway Construction Corp (CRCC) is spending billions on property projects to become a major real estate player.

2 Nov 2012 - 5:30am

Finance Ministry mulls subsidies for essential 'public rail lines'

Subsidising some essential but loss-making public rail lines would encourage market reform, some analysts say. Photo: Reuters

The Ministry of Railways racked up 70 billion yuan (HK$86.23 billion) in losses from its essential but low-traffic "public rail lines" last year, losses the Ministry of Finance might subsidise, according to Xinhua.

31 Oct 2012 - 4:11am

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

Chinese group takes a stake in Inter Milan

A minority stake acquired by a group of Chinese investors in Italian football club FC Internazionale, also known as Inter Milan, may increase as China Railway Construction Corp (CRCC) will build a stadium for the club.

The state-owned firm will help build a stadium for the top Italian soccer team to burnish its construction skills to the West.

15 Aug 2012 - 10:54pm

CRCC charges ahead in foreign lands

China Railway Construction, one of the world's top 500 companies, will be hoping not to kick an own goal following its involvement in Italian soccer club Inter Milan.

State-owned giant CRCC has expanded its presence overseas in recent years and now operates in 48 countries and regions worldwide, according to the company's annual report last year.

15 Aug 2012 - 10:54pm

CRCC will roll HK$99b into railways

State-owned China Railway Construction Corporation (CRCC) plans to spend 80.66 billion yuan (HK$99 billion) on infrastructure, urban development and property in the next three years, its bond prospectus says.

14 Jul 2012 - 12:00am

Chinalco's engineering arm braves difficult market

China Aluminum International Engineering, the engineering and construction unit of state-owned Aluminum Corporation of China (Chinalco), is going where only the brave dare go these days - to the stock market.

The company joins other state-backed metals and energy companies in launching an initial public offering of shares in Hong Kong.

21 Jun 2012 - 12:00am

Copper producer CNMC cuts IPO target to HK$2.4 b

State-owned copper producer China Nonferrous Mining Corp (CNMC) plans to raise up to HK$2.44 billion in an initial public offering in Hong Kong - less than the original target.

Weak market sentiment prompted the company, which runs copper mines in Zambia, to lower its fund-raising goal. In the pre-marketing stage it was reported that it planned to raise about HK$3.9 billion.

16 May 2012 - 12:00am

Rail shares fall in HK as ministry posts loss

Hong Kong shares of mainland rail firms fell after reports that the Ministry of Railways suffered a loss in the first quarter.

China Railway Group shares dived 4.6 per cent to HK$2.88 yesterday, while China Railway Construction Corporation (CRCC) dropped 3.2 per cent to HK$6.08, and CSR Corporation dipped 0.5 per cent to HK$6.18.

4 May 2012 - 12:00am

Railway builders forecast earnings drop this year

China Railway Group and China Railway Construction Corporation (CRCC), the companies that build most of the mainland's railways, expect lower earnings this year amid sharp falls in the nation's spending on railway projects.

The state-owned companies are listed in Shanghai and Hong Kong.

9 Apr 2012 - 12:00am

Spending on rail projects down 76pc

Spending by the mainland on railway construction was 76 per cent lower in January than a year earlier as funding shortages for the sector persisted. Just 8.73 billion yuan (HK$10.74 billion) was invested in expanding the network.

16 Feb 2012 - 12:00am

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