- Barrons.com•2 months ago
China's train-making giant CRRC Corp. (1766.Hong Kong) jumped 2.3% this morning after raising 12 billion yuan ($1.8 billion) in a private share sale in Shanghai to repay debt and help finance its daily operations. Parent CRRC Group will subscribe to 54% of the new shares, while China Development Bank will get 1.2% of the new shares.
- Reuters•5 months ago
China's CRRC Corp said it has won its second major contract in the United States after the Chicago transport authority accepted its $1.3 billion bid to build rail cars for the city. "This is the largest subway car project that a Chinese railway equipment company has received from a developed country to date. 'Made in China' rail is set to land in the United States' Chicago," the company said in an e-mailed statement.
CRRC Corporation LimitedHKSE
|52wk Range||6.45 - 10.76|
|Day's Range||7.08 - 7.27|
|Avg Vol (3m)||15,729,500|
As of 4:08 AM EDT. Market closed.