Bocom international railway China maintain buy rating-thinkpad s230u

Bocom International: China railway construction funds to maintain a buy rating to thousands of thousands of hot column stocks on diagnosis of the latest rating simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. The latest news: Chinese railway Limited by Share Ltd (CRCC) released 3Q16 operating data, data show the value of the contract rose sharply. Analysis: the first nine months of 2016, the overall value of the contract (including real estate development) rose 22% to 679 billion yuan, especially the capital value to 569 billion yuan, up 24.4% year-on-year, while real estate development contract rose 51.2% to 34 billion 100 million yuan. In the construction of railway engineering, since the beginning of the year only edged up 0.96% to 163 billion 600 million yuan; highway engineering only rose 0.59% to 113 billion 500 million yuan, while the other (including subway) rose 60% to 291 billion 900 million yuan. 3Q16 growth momentum remains strong across the board. Highway and rail projects grew slowly, largely due to the high base in 2015. Quarterly, 3Q16 highway and rail engineering contract value continues to rise. Real estate development is that we have always stressed that in 2016 will significantly enhance the company’s profit margins, business progress is still good. Contract sales in the first 9 months of 2016 increased by 51.2% year on year, while the contract area increased by an increase of $28.3%. The average price of real estate development contract sales has increased, we believe that the positive impact, the reason is that the average price increase should enhance the sales of real estate development profits. Meanwhile, China railway construction is speeding up the construction of real estate. 3Q16 has started an area of 1 million 670 thousand square meters, almost equivalent to the area of 1H16. Recommendations: we are still optimistic about the value of the new contract this season and the performance of the year to date. 2016 target contract value of 852 billion 700 million yuan, we believe that the amount of the year to date has reached the target of 79.6%, so the company can achieve the target set. We maintain a buy rating and target price of HK $11.1. (both) to enter the Sina financial stocks] discussion相关的主题文章: