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Argentina bans foreign state-owned enterprises from bidding on major canal projects.
Gelonghui December 5th | According to Reuters, Argentina will ban state-owned enterprises from other countries from participating in the bidding for the maintenance concession of the Parana River, a major local canal. Argentina is a leading global supplier and exporter of agricultural products, with most grains transported via the Parana River. Gustavo Idigoras, President of the Argentine Oilseed Crushers and Exporters Association (CIARA-CEC), stated that the tender documents for the maintenance concession of the Parana River will be released on Friday, with the bidding process formally commencing at the end of December and the award expected in May next year. The concession period is anticipated to last 25 years, including dredging works.
China Communications Construction (01800): As of November 30, a total of 29.3459 million A-shares have been repurchased.
China Communications Construction (01800) announced that, as of November 30, 2025, the company had repurchased 29.3459 million A-shares through centralized bidding. The repurchased shares accounted for approximately 0.1803% of the company's total share capital. The highest price per share was RMB 8.98, and the lowest price per share was RMB 8.47. The total transaction amount was RMB 257 million (excluding transaction fees). This share repurchase complies with relevant laws and regulations and the company’s established share repurchase plan.
China Communications Construction (601800.SH): Repurchased A-share shares worth RMB 2.57 billion
Gelonghui, December 3rd - China Communications Construction (601800.SH) announced that as of November 30, 2025, the company has repurchased 29.3459 million A-shares through centralized bidding. The repurchased shares account for approximately 0.1803% of the company's total share capital. The highest price for the repurchase was RMB 8.98 per share, and the lowest price was RMB 8.47 per share, with a total transaction amount of RMB 257 million (excluding transaction fees).
Research Report Insights | Guotai Haitong: Reiterates 'Buy' rating for China Communications Construction Company, with a target price of RMB 13.64.
Gelonghui December 2 | A research report by Guotai Haitong Securities pointed out that China Communications Construction Company (CCCC)'s Q3 net profit attributable to shareholders dropped by 16.3%, while the non-GAAP net profit rose by 24.1%. Operating net cash flow improved significantly, and new contract signings maintained steady growth. The preliminary dividend payout ratio is set at 20% of H1 2025 profits, with a comprehensive push to solidify asset-specific initiatives. From Q1 to Q3 2025, newly signed contracts totaled RMB 1,340 billion, a year-on-year increase of 4.6%. Domestic business accounted for RMB 1,055.9 billion in new signings, up 4.0% year-on-year, while overseas business reached RMB 284.1 billion, marking a year-on-year rise of 7.1%. By business type, infrastructure construction contracts amounted to RMB 1,222.4 billion, reflecting a 6% year-on-year increase.
CCCC (601800) 2025 Q3 Earnings Report Commentary: Significant Improvement in Operating Cash Flow and Advancement in Asset Revitalization Efforts
Report Summary: Q3 net profit attributable to shareholders decreased by 16.3%, while non-GAAP net profit attributable to shareholders increased by 24.1%. Operating cash flow significantly improved, and newly signed contract value maintained steady growth. The preliminary dividend payout ratio is set at 20% of H1 2025 profits, with full implementation.
Zhitong HK Stock Investment Diary | December 1
HK Stock Investment Diary | December 1, 2025