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
Oct 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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