$China Railway Group Limited(601390)$
Railing away?
Given slower economic growth as China rebalances its economy, infrastructure investments are often adopted as a counter-cyclical policy. i also see renewed focus on a highway-to-railway shift for cargo transportation as China seeks to lower logistics costs and accelerate its de-carbonisation push. CRG is a key beneficiary as one of the leading infrastructure constructors, though timing of new contracts approval could be volatile. While China‘s Belt and Road initiative could be a medium-term driver, domestic contracts remain the key driver, accounting >90% of total.
DYODD.
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