|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.58 - 16.58|
|52 Week Range||16.58 - 23.79|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||5.53|
|Forward Dividend & Yield||0.47 (2.74%)|
|1y Target Est||N/A|
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.
Tuesday was the 30th anniversary of the Tiananmen Square massacre, when China on June 4, 1989, sent troops and tanks in to disperse pro-democracy student demonstrations. Mentions of Tiananmen Square, June 4, and even the numbers "46" and "64" -- short for "4-6" and "6-4," or references to June 4 -- are studiously censored on the mainland. Companies that want to do business in China also have mounting pressure on them to do the Communist Party's bidding in suppressing controversial content, making them active participants in this egregious editing of history.
May 5 (Reuters) - China Railway Group Ltd : * SAYS IT GETS SECURITIES REGULATOR'S APPROVAL FOR ITS ASSET ACQUISITION PLAN Source text in Chinese: https://tinyurl.com/y65pxod8 Further company coverage: ...
April 27 (Reuters) - China Railway Group Ltd : * SAYS ITS CONSORTIUM WITH MALAYSIA'S WATERFRONT RESUMES PLAN TO JOINTLY ACQUIRE STAKE IN BANDAR MALAYSIA SDN BHD DURING CHINA'S BELT AND ROAD FORUM Source ...
April 16 (Reuters) - China Railway Group : * SAYS ITS CONSORTIUM WINS BID FOR CONSTRUCTION PROJECT WITH INVESTMENT OF ABOUT 16.41 BILLION YUAN ($2.45 billion) Source text in Chinese: http://bit.ly/2Gs71Gt ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Railway Group Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service says that the rise in leverage reported by China Railway Group Limited (CRG, A3 stable) in 1H 2018 will likely continue over the next two years as the company funds its investments and capital spending, but has no impact on its rating or outlook. "CRG's leverage -- as measured by adjusted debt/EBITDA -- increased to 4.3x for the 12 months ended June 2018 and will likely rise further to 4.5x over the next two years, but will be accompanied by improving earnings and higher revenue," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer.