- Barrons.com•last month
CRRC Corp. (1766.Hong Kong) soared 6.6% in Hong Kong after Morgan Stanley upgraded the train maker's stock to Buy. CRRC has languished 22% this year as analysts, discouraged by its demand outlook, cut ...
- Reuters•3 months ago
Foreign firms say they are struggling to gain access to China's vast railway market as the country, seeking to transform its domestic industry into an export powerhouse, tightens the bidding criteria on rail tenders. The complaints echo similar concerns raised in other industries including technology and renewable energy, and highlight what some foreign companies see as an uneven playing field when operating in China. "In the last 1-2 years there have been tendencies to disregard foreign-invested companies as Chinese companies, and to prefer Chinese-invested companies versus foreign-invested companies," Ansgar Brockmeyer, board chairman of German brake maker Knorr-Bremse's Asia Pacific arm, told Reuters.
- Reuters•8 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 Limited (1766.HK)
HKSE - HKSE Delayed Price. Currency in HKD
|Day's Range||7.18 - 7.28|
|52wk Range||6.45 - 10.72|
|1y Target Est||N/A|
|P/E Ratio (ttm)||14.36|
|Avg Vol (3m)||17,737,527|
|Dividend & Yield||N/A (N/A)|