China Railway Group Limited Surges Nearly 8% in Early Trading as Company Secures Over 50 Billion Yuan in Recent Orders, Institutions Focus on Mineral Resource Revaluation

Deep News

10/09

China Railway Group Limited (00390) saw its stock price climb 7.75% in early trading, currently trading at HK$4.17 with a turnover of HK$224 million.

China Railway Group Limited previously announced that it had recently secured 11 major engineering projects with a total contract value of 50.215 billion yuan, representing approximately 4.34% of the company's 2024 operating revenue under Chinese accounting standards.

Notably, the company currently operates five modern mines through wholly-owned, controlling, or equity investments both domestically and internationally. The company's mineral resource business maintains stable production and operations, with market attention focusing on the potential revaluation of the company's mineral resource assets.

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