China Railway Cons traded at 6.59 this Friday May 15th, decreasing 0.07 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, China Railway Cons lost 5.32 percent. Over the last 12 months, its price fell by 17.63 percent. Looking ahead, we forecast China Railway Cons to be priced at 6.61 by the end of this quarter and at 6.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Railway Construction Corporation Limited is a China-based company principally engaged in the engineering contracting businesses. The Company’s engineering contracting businesses mainly include the construction of railways, highways, urban tracks, water conservancy and hydropower projects, buildings, municipal projects, bridges, tunnels, airports and marine ports, among others. The Company is also engaged in the industrial manufacturing, the real estate development, the logistics and materials trading businesses, as well as the provision of survey, design and consulting services. The Company mainly operates its businesses in domestic and overseas markets.