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China Communications Construction Co. Ltd. -- Moody's - Increased infrastructure investment will boost revenue for most rated Chinese construction companies

Moody's Investors Service says in a new report that rising investment in China's railways, roadways and urban rail systems this year and next will boost revenue growth for most rated Chinese construction companies, with China Railway Group Limited (CRG, A3 stable), China Railway Construction Corporation Limited (CRCC, A3 stable) and China Communications Construction Co. Ltd. (CCCC, A3 stable) set to benefit the most. "We expect CRG, CRCC and CCCC to benefit most from the increase in infrastructure investment, as more than 50% of their revenue comes from infrastructure construction, and the other half from construction and other segments," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer.