Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03969 CHINA CRSC
RTNominal up2.920 +0.010 (+0.344%)
Research Report

06/05/2021 17:11

{I-bank focus}JEF starts CRSC (03969) at "hold" and HK$3.4

[ET Net News Agency, 6 May 2021] Jefferies Research initiated coverage on China Railway
Signal & Communication (CRSC) (03969) with a "hold" rating and target price of HK$3.4.
The research house said CRSC is the leading supplier of rail transportation control
systems in China with great exposure to the self-sufficient theme and ongoing railway
development.
CRSC recorded a revenue/earnings of Rmb40.1bn/3.8bn with the growth of -3.6%/+0.1% in
FY2020 on slowdown railway FAI (fixed-asset investment) while overseas revenue increase
67.2% to Rmb0.9bn due to the advance of projects in Indonesia and Hungary.
Jefferies modeled for earnings expansion of 6.2%/8.7% in FY2021/22. (KL)

Remark: Real time quote last updated: 26/10/2021 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.