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An update from CRRC ( (HK:1766) ) is now available.
CRRC Corporation Limited has announced the signing of contracts worth approximately RMB54.34 billion from July to September 2025. These contracts, which account for about 22% of the company’s 2024 revenue, involve sales and maintenance agreements with various companies, including China State Railway Group Co., Ltd., for MUs, locomotives, urban rail transit vehicles, and freight wagons, indicating a significant impact on its operational and market positioning.
The most recent analyst rating on (HK:1766) stock is a Buy with a HK$7.30 price target. To see the full list of analyst forecasts on CRRC stock, see the HK:1766 Stock Forecast page.
More about CRRC
CRRC Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the transportation industry. It specializes in manufacturing and selling multiple units (MUs), locomotives, urban rail transit vehicles, and freight wagons, focusing on both domestic and international markets.
Average Trading Volume: 22,262,331
Current Market Cap: HK$219.6B
For a thorough assessment of 1766 stock, go to TipRanks’ Stock Analysis page.