* Global market estimated to be worth $12.7 trln by 2020 * Construction in emerging markets to rise 110 percent * China to lead construction market by 2018 * Western Europe one of lowest-growth regions...
Macquarie analysts recommended Thursday that investors should buy stocks of Hong Kong-listed mainland construction companies as they believed the sector was undervalued. "After the correction in share price in recent weeks, the sector is now trading at a discount to its Asia Pacific peers whereas...
China State Construction Engineering Corp Ltd<601668>, The Export-Import Bank of China and Baha Mar Resorts Ltd, on Sep. 4 came to an agreement to start a large tourism project with a total investment of US$3.6 billion in Nassau, the capital of the Bahamas, sources reported.The huge project, which will cover...
China State Construction Engineering Corp<601668>, the country's largest home builder, is planning to inject HK$5 billion into its wholly-owned subsidiary China Overseas Holdings, the parent company of Hong Kong-listed China Overseas Land & Investment Ltd<0688>, sources reported.The deal is expected...
WASHINGTON, Sept 1 - Total U.S. construction spending fell 0.2 percent in July to the lowest rate since February 2004, Commerce Department data showed on Tuesday, despite residential construction making its biggest gain since September...
By Li Qiaoyi The profitability of China State Construction Engineering Corporation (CSCEC), the country's largest construction and real estate development conglomerate, increased in the first half of 2009, according to a report issued yesterday. It was CSCEC's first semiannual financial report s...
Jiangsu Zhongnan Construction Group Co Ltd<000961> yesterday announced that it plans to bid for the right to develop a 4,500-Mu parcel in Danzhou, Hainan Province that will require an estimated investment of RMB 10 billion, sources reported. According to a framework agreement the Shenzhen-listed firm signed...
WASHINGTON, Aug 3 - U.S. construction spending beat expectations and rose 0.3 percent in June, with the spending rate for public buildings reaching a record high, the Commerce Department said on Monday. Analysts polled by...
China State Construction International Holdings<3311> on Jul. 15 posted RMB 2.08 billion in net profit for the first half of this year, and the net profit contributed by the property sector accounted for more than 50% of the total, sources reported.In the first half of last year, the Hong Kong-listed firm's revenue from the...
SYDNEY, July 7 - Australia's construction industry suffered a setback in June as renewed weakness in apartment building and engineering drove a sharp contraction in activity and new orders, an industry survey showed on Tuesday....