China Railway Group

Poland to China: You’re Fired

The Financial Times reports the collapse this week of a road-building deal between a Chinese company and the Polish government: When China’s Covec construction firm won the bid to build two sections of Poland’s main...

CRC Shares Debut in Hong Kong

From Reuters via Financial Times : Shares in China Railway Construction, which built the world’s highest railroad, rose 14 per cent in their Hong Kong debut on Thursday, in line with muted expectations, after the company raised...

China Railway Construction IPO To Feed Overseas Ambitions

From Forbes : While investors are captivated by the great infrastructure story behind China Railway Construction ’s initial public offering in Hong Kong, aiming to raise up to 18.25 billion yuan ($2.34 billion) this week, the...

Railway Builders Head for Market – Jamil Anderlini

From The Financial Times: China’s two largest railway construction companies plan to sell shares in Shanghai and Hong Kong before the end of the year to capitalise on soaring valuations and make up for a shortfall in government funding for the state-owned sector. China Railway Group , the third-largest construction contractor in the world and […]

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