Zhuzhou CRRC Times Electric's Q1 Profit Jumps 44%
Zhuzhou CRRC Times Electric's (HKG:3898) attributable net profit shot up 44.85% to 460.9 million yuan for the quarter ended March 31, according to a Thursday filing with the Hong Kong bourse. Basic ea
Express News | Nearly 200 companies disclosed first-quarter results forecasts, and it is expected that more than 80% of the companies will be
Hong Kong bullish stocks this week | 80% increase in the month! TCL Electronics surged more than 16% this week; CRRC surged nearly 11% the day after
Benefiting from the acceleration of nuclear power approval, CGN's stock price has been rising for five consecutive days; coal supply and demand continued to be tight, and Mongolian coking coal increased by more than 11% during the week.
中國中車:2023年度報告
Express News | CRRC established a new energy equipment company in Dandong with a registered capital of 72 million
Research Report: GF Securities: CRRC's Q1 performance increased significantly, giving AH shares a “buy” rating
GLONGHUI, April 16 | According to the GF Securities Research Report, CRRC's Q1 performance increased significantly, mainly due to changes in product structure and base figure. The company expects to achieve net profit of 923-1,046 million yuan in Q1, an increase of 50%-70% over the previous year. The company has a logic of domestic demand improvement+equipment renewal, and has the attributes of state-owned enterprise reform+dividend assets. The profit margin is expected to increase under changes in the business structure. The company's net profit is expected to reach 135/151/16.8 billion yuan in 24-26. Refer to comparable company valuations and the company's historical valuation center, considering that many of the company's businesses will be able to unlock greater profit flexibility in the future
Hong Kong Stock Concept Tracking | State Council Releases New “National Nine Rules”, Market Value Management for Central State-owned Enterprises is Highly Popular in the Market (with concept stocks)
Since the beginning of the year, market value management of central enterprises has become one of the biggest concerns of the market. Brokers believe that market value management is essentially an important part of the reform of state-owned enterprises. The focus of the reform is to improve the core competitiveness and enhance the core functions of enterprises through channels such as improving profitability, optimizing governance mechanisms, and strengthening communication between management and the capital market. This is an important way to do a good job in market value management of central enterprises. The agency believes that if investors want to explore investment opportunities in undervalued central enterprises, the direction of the 15 key industries led by central enterprises is worth paying attention to. Looking forward to the future, with the deepening of market value management, central state-owned enterprises may face revaluation. SDIC Securities pointed out that the State Council issued
Hong Kong stock performance mining: high-speed rail infrastructure concept stock prices are booming, but the performance of each stock is “mixed”
Most of the individual stocks have a large revenue scale and a strong money-absorbing effect. Sectors like this are often “well-off” for steady investors.
CRRC (601766): High profit growth in Q1, flexible release, accelerated opening
Core view: The high increase in Q1 performance is mainly due to changes in product structure and base value. The company announced a preliminary increase in performance for the first quarter. It is estimated that Q1 will achieve net profit of 923-1,046 million yuan, an increase of 50%-70% over the previous year;
China Galaxy released a research report on April 15 stating that CRRC (601766.SH) was given a recommended rating. The main reasons for the rating include: 1) the first quarter's performance surpassed expectations; 2) high-speed rail EMUs benefited from th
China Galaxy released a research report on April 15 stating that CRRC (601766.SH) was given a recommended rating. The main reasons for the rating include: 1) the first quarter's performance surpassed expectations; 2) high-speed rail EMUs benefited from the recovery of railway passenger flow+stock maintenance demand, and the resonance of new construction and maintenance increased; 3) the central government promoted large-scale equipment renewal and transit to rail, and demand for locomotives and trucks is expected to be released. (Mainichi Keizai Shimbun)
CRRC (601766): High net profit growth in Q1, rail transit recovery+advanced repair support
With high performance growth in Q1 in '24, CRRC announced on April 12, 2024 that maintains a “buy” rating. It is expected to achieve net profit of 923 million yuan to mother in Q1 2024.
Express News | CRRC invests in the establishment of a rail equipment maintenance service company
The “National Nine Rules” boosted the Chinese trend of Hong Kong stocks. CRRC once rose more than 10%
① What is the “National Nine Articles”? ② What is the reason for CRRC's surge in China?
Hong Kong stocks closed at noon, the Hang Seng Index fell 0.73%, China CRRC rose more than 9%, CRRC rose more than 9%, and Xiaopeng Motors fell more than 3%.
Hong Kong stocks closed at noon, the Hang Seng Index fell 0.73%, China CRRC rose more than 9%, CRRC rose more than 9%, and Xiaopeng Motors fell more than 3%.
A-share afternoon review: The Shanghai Index rose 1.21%, and the net purchase of northbound capital exceeded 7 billion dollars! Large financial sectors with Chinese characters lead the market
Major A-share indices were higher in early trading. As of the midday close, the Shanghai Index rose 1.21% to 3055.99 points, the Shenzhen Stock Exchange Index rose 1.65%, and the GEM index rose 2.1%.
Intraday Overview | The Science Index fell more than 1%, gold stocks collectively pulled back, and Zhaojin Mining fell more than 9%
Concept stocks with Chinese characters continued to rise. CRRC rose more than 11%; China Alcoa International and China Railway rose about 6%; TechNet stocks generally fell, while NetEase, Kuaishou, and Bilibili fell about 3%; Chinese brokerage stocks improved, and China Galaxy and Huatai Securities rose about 2%.
Damo: Target price of HK$4.5 for “increase in holdings” rating for CRRC (01766.HK)
Morgan Stanley released a research report stating that it gave CRRC (01766.HK) an “increase in holdings” rating, believing that maintaining revenue growth and operating leverage would also help. The target price was HK$4.5. The company's initial results slightly beat expectations.
Direct change attack丨CRRC rose more than 10% to release 1st quarter Yingxi
On April 15, it was announced that CRRC (01766.HK) $ continued to rise at the opening of the market, rising more than 10%. As of press release, it is now up 10.84% to HK$4.5. CRRC's A shares have now risen and stopped at 7.46 yuan. According to the news, the company made a profit after the market last Friday: it is expected to achieve net profit attributable to shareholders of listed companies of RMB 923 million - RMB 1,046 million, an increase of 50%-70% in the first quarter of 2024; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is expected to be achieved in the first quarter of 2024 of RMB 583 million - RMB 7.
Hong Kong stocks and leading Chinese stocks strengthened, CRRC rose more than 10%
Gelonghui, April 15 | CRRC rose more than 10%, China Alcoa International rose more than 7%, and China Railway, China Communications Construction, and China's environmental resources rose more than 5%.
Express News | Hong Kong stocks and central enterprise stocks reversed the market, and CRRC rose more than 9%
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