Movement Alert｜China Railway Group Rises 3.04% in Regular Trading, Subsidiary Wins Shenzhen Xili Hub Project Amid Sector Recovery

Market Focus06-15

On June 15, China Railway Group rose 3.04% in regular trading, reaching HKD 3.7 per share, with turnover of HKD 35.91 million.

On the news front, the company's subsidiary China Railway Construction Engineering Group successfully won the XLSG-9 section of the Shenzhen Xili Station project, with a contract value of approximately RMB 1.951 billion. The Xili Station is one of the largest single-investment railway station projects in South China in recent years, with four sections totaling approximately RMB 13.085 billion and construction expected to commence within the month. The completed hub is planned to surpass Shenzhen North Station as the city's largest high-speed rail and transit interchange station, serving the Greater Bay Area development.

Additionally, the infrastructure state-owned enterprise sector showed broad recovery, with China Communications Construction up 2.63% and MCC up 2.74%, as capital inflows returned following a period of consecutive declines. The sector rebound provided further support to the stock's upward movement.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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