CREC shares peak on order wins
By Wang Ying | China Daily | Updated: 2010-02-25 08:01
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A worker reinforces steel bars at a China Railway Erju Co, Ltd project in North China. Railway construction companies are set to gain from the rapid development of the country's railway network. Huang Jinguo |
SHANGHAI: Shares of China Railway Erju Co Ltd (CREC), a subsidiary of State-owned China Railway Group Ltd, surged 8.64 percent yesterday to 11.69 yuan after the company said it won four construction projects worth 10.9 billion yuan.
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