China Railway Construction Corp Ltd<601186><1186>, the second largest state-owned construction company in the country, yesterday announced that its subsidiaries have secured two construction contracts worth a combined RMB 5.96 billion, according to a statement filed with the Shanghai Stock...
The Capital Group Companies Inc recently raised its shareholding in China Railway Construction Corp Ltd<601186><1186> to 7.01% from the previous 6.78%, according to a statement filed with the Hong Kong Stock Exchange on Oct. 13. The Capital Group said that it bought 4.77 million H shares of China Railway...
China Railway Logistics Ltd<8089> will sell 14 million shares in its subsidiary, Linefan Technology Holdings Ltd<8166>, for HK$0.7 apiece, sources reported.After transaction, China Railway's shareholding in Linefan will be reduced to 58.87% from 69.54%.China Railway Logistics and subsidiaries are engaged...
Shanghai, September 23 (Gasgoo.com) China's Ministry of Railways (MOR) has begun floating the first batch of bonds this year to raise 30 billion yuan ($4.41 billion) to support railway network expansion, xinhuanet.com reported today.
T. Rowe Price Associates Group, Inc, a U.S.-based financial services holding company, recently reduced its H-share holding in Guangshen Railway Co Ltd<601333><0525> to 5.98% from the previous 6.03%, sources reported. According to statistics released by the Hong Kong Stock Exchange, the U.S. company on...
Barclays Bank PLC recently reduced its stake in Guangshen Railway Co Ltd<601333><0525><GSH> to 8.99% from the previous 9.01%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from HKEx showed that Barclays on Sep. 7 sold 250,000 H shares of...
China Railway Erju Co Ltd (CREC)<600528>, a subsidiary of China Railway Group Ltd<601390><0390>, announced that it will issue RMB 700 million in 365-day financing bills on the interbank market on Sep. 16. The company said in a statement that this batch of bonds will be issued at face value and that the coupon...
China Railway Group Ltd<601390><0390>, the country's largest railway and highway builder, announced yesterday that it has obtained approval from the China Securities Regulatory Commission, the nation's top securities regulator, to sell up to RMB 120 in corporate bonds.The bonds will be issued in several...
State-owned China Railway Materials Commercial Corp has agreed to buy into two Australian iron ore companies in order to tap the country's rich mineral resources.The Chinese trading and logistics company will pay A$12.6 million for a 12% stake in FerrAus Ltd and A$27.2 million for an 11.4% stake in United...
China Railway Construction Corp Ltd<601186><1186>, the second-largest state-owned construction company in the country, hopes and to increase its revenue to RMB 280 billion and its net profit to RMB 4.5 billion by further exploring overseas markets in the second half, said Zhao Guangfa, executive director of...