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China Railway Construction Debut Pales In Comparison
002087.SZ, 0390.HK, 601186.SH, 601390.SH, CRCC, China Railway Construction Corporation Limited, China Railway Group, Henan Xinye Textile Co.
Posted by: Li Jun on Mar 10, 2008 | 17:03
Editorial Summary
Shares of Chinese contractor China Railway Construction Corporation Limited (CRCC) (601186.SH) rose 28.19 percent to close at RMB11.64 on Monday, its first day trading on the Shanghai Stock Exchange, making it the smallest first-day gain on the A-shares markets since Henan Xinye Textile Co. (002087.SZ) inched up 24 percent in its November 2006 debut.
Shares of Chinese railway and tunnel contractor China Railway Group (601390.SH, 0390.HK), a major competitor of CRCC, fell 5.38 percent to close at RMB8.62 in Shanghai on Monday. The company began trading on the Shanghai exchange on December 3, 2007.
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