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Zhuzhou CRRC Times Electric Cancels 4.7 Million Repurchased H Shares
Zhuzhou CRRC Times Electric (SHA:688187, HKG:3898) canceled a total of around 4.7 million H Shares it had repurchased earlier this year on Tuesday, a same-day filing on the Hong Kong bourse stated. Th
Times Electric (03898.HK): 4.696,800 shares have been cancelled and H shares have been repurchased
Gelonghui, April 16, 丨 Times Electric (03898.HK) announced that from January 11, 2024 to January 17, 2024, the company carried out a series of repurchases of its H shares on the Stock Exchange. As of the announcement date, the company has repurchased a total of 4,696,800 H shares, accounting for 0.33% of the total issued share capital and 0.86% of the total number of H shares issued on the date the company's H share repurchase authorization was approved by the company's shareholders' meeting and class shareholders' meeting. The total amount of funds used was HK$98,558,789.24 (excluding transaction fees). The H shares repurchased by these companies were already in 202
Trending Industry Today: CRRC Leads Gains In High-speed Rail Infrastructure Stocks
April 15th - The industry of $High-speed Rail Infrastructure(BK1244.HK)$ is trending higher today with 8 constituents up and CRRC leading Gains.$CRRC(01766.HK)$ gets a 10.83% boost to HK$4.5 with a tu
Strong infrastructure stocks, CRRC (01766) surged 10.84%, infrastructure franchises extended “National Nine Rules” and then introduced dividend supervision
Jinwu Financial News | Infrastructure stocks were strong. CRRC (01766) surged 10.84%, China Railway (00390) rose 5.09%, China Communications Construction (01800) rose 4.3%, Times Electric (03898) rose 4.08%, China Railway Construction (01186), China Metallurgical (01618), China Tonghao (03969), and Guangshen Railway (00525) all rose more than 3%. China Post Securities said that the new “National Nine Rules” of the capital market proposes to strengthen the supervision of cash dividends for listed companies, increase incentives for companies with high-quality dividends, and take more measures to increase dividends
Changes in Hong Kong stocks | Times Electric (03898) rose more than 4%. The company will benefit from rail transit equipment to upgrade its emerging equipment business or continue to expand
The Zhitong Finance App learned that Times Electric (03898) rose by more than 4% and rose 4.43% to HK$29.45 at press time, with a turnover of HK$64.41 million. According to reports, the company's traditional rail transit equipment business achieved revenue of 12.9 billion yuan in 2023, an increase of 2% over the previous year, of which revenue from new rail transit construction was about 11.1 billion yuan, and rail transit maintenance revenue was about 1.8 billion yuan. Open Source Securities expects the revenue growth rate of the new construction business to slow down in the future, while maintenance revenue is expected to continue to grow rapidly. At the same time, the rail transit equipment business is expected to benefit from equipment renewal policies. In addition, the revenue from the emerging equipment business in '23 was 8.7 billion yuan, compared to the same period last year
Times Electric (688187.SH) added certification of Dou Zechun and Qi Yu as core technicians
Zhitong Finance App News, Times Electric (688187.SH) announced that the company's core technician, Mr. Gan Weiwei, was recently appointed as the company's deputy general manager and no longer serves as the director of the rail transit technology center; Mr. Liu Yong was transferred from the director of the company's data and intelligence technology center to the general manager of the company's wholly-owned subsidiary Hunan CRRC Times Communication Signal Co., Ltd. due to job adjustments; Mr. Liu Liangjie was transferred from the director of the company's British R&D center. Mr. Dou Zechun was the director of the company's British R&D center. , based on job positions and responsibilities
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