Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Shanghai Stock Exchange  >  China Railway Construction Corporation Limited    601186   CNE1000009T1

CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED

(601186)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Chinese companies to build largest bridge in Brazil

11/12/2020 | 05:13pm EST

BRASILIA, Nov 12 (Reuters) - A consortium of Chinese companies signed a contract with the government of Brazil's Bahia state on Thursday to build a 12-kilometer (7.5-mile) bridge across the entrance of the bay opposite the city of Salvador.

The bridge to the island of Itaparica, slated to be the longest over water in Latin America, will take five years to build and cost 6.7 billion reais ($1.2 billion), Bahia officials said.

The consortium is made up of China Communications Construction Co Ltd, CCCC South America Regional Company and China Railway 20 Bureau Group Corporation, a unit of China Railway Construction Corp Ltd.

They will take one year to obtain licenses and prepare equipment needed to start building, the officials said.

"It is the biggest investment by a Chinese group in Brazil," Bahia Governor Rui Costa said at the signing.

The consortium's shareholders are the world's largest construction and infrastructure companies, he added.

(Reporting by Anthony Boadle; Editing by Richard Chang)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED -0.61% 8.16 End-of-day quote.3.29%
CHINA RAILWAY GROUP LIMITED -1.91% 5.65 End-of-day quote.7.21%
EURO / BRAZILIAN REAL (EUR/BRL) 1.29% 6.4792 Delayed Quote.0.54%
SUZANO S.A. 3.50% 63.29 End-of-day quote.8.11%
All news about CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED
05:43aCHINA RAILWAY CONSTRUCTION : Says Partnership Enterprise Signs Delegate Manageme..
MT
01/14ANALYSIS : Sanctions-hit Chinese firms surge as global buyers swoop in
RE
01/11Beijing Enterprises Water Unit Forms $62 Million Joint Venture for Water Engi..
MT
01/10MARKET CHATTER : FAW-Volkswagen JV's Audi Sales in China Hit Record High in 2020
MT
01/10China Railway Materials Adopts New Name
MT
01/08CHINA RAILWAY CONSTRUCTION : Tanzania, Chinese Firms Sign 3tri/ - Deal for Isaka..
AQ
01/08CHINA RAILWAY CONSTRUCTION : Awaits Chinese Regulator's Approval for Sci-Tech Bo..
MT
01/08Chinese bargain hunters pile into stocks blacklisted by Trump
RE
01/07Trading in 12 off-exchange Chinese securities to be restricted
RE
01/07Two Chinese firms to build $1.32 billion Tanzanian rail line
RE
More news
Financials
Sales 2020 919 B 142 B 142 B
Net income 2020 21 727 M 3 354 M 3 354 M
Net Debt 2020 51 121 M 7 892 M 7 892 M
P/E ratio 2020 5,05x
Yield 2020 3,00%
Capitalization 103 B 15 837 M 15 873 M
EV / Sales 2020 0,17x
EV / Sales 2021 0,17x
Nbr of Employees 293 884
Free-Float 47,8%
Chart CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED
Duration : Period :
China Railway Construction Corporation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Average target price 10,58 CNY
Last Close Price 8,16 CNY
Spread / Highest target 54,4%
Spread / Average Target 29,7%
Spread / Lowest Target -0,74%
EPS Revisions
Managers and Directors
NameTitle
Shang Biao Zhuang President & Executive Director
Xi Rui Cao Chairman-Supervisory Board
Jian Ping Wang Chairman
Xiuming Wang Chief Financial Officer & Chief Accountant
Ru Chen Liu Executive Director
Sector and Competitors