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21/08/2025
Reserve Bank of New Zealand Governor: So far, the market's response to our interest rate cut measures has been slower than expected.
Latest
3 m ago
Wenzhou Hongfeng: August 28th is the final conversion date for "Hongfeng convertible bonds".
4 m ago
Google (GOOGL.US) annual hardware event focuses on AI integration, Pixel 10 series equipped with TSMC chips debut.
4 m ago
The Nikkei 225 index in Japan reversed its decline and is currently up by 0.07%.
5 m ago
Galaxy Securities in China: The railway industry remains highly prosperous, and railway investment is expected to remain at a high level.
5 m ago
China Galaxy Securities stated that the China Railway Corporation has issued a tender notice for the procurement of the second batch of CRH intelligent high-speed trains with a speed of 350 kilometers per hour by 2025, totaling 210 train sets. The bidding for the second batch of trains in 2025 exceeded expectations. According to our analysis of the routes, it is expected that the annual average newly constructed mileage from 2025 to 2027 will exceed 3000 kilometers, with a need for additional 300 train sets on average per year during peak traffic in 2025 and 2027. The railway industry is currently experiencing a high level of prosperity, and there is a strong demand for maintenance and upgrades of the existing large inventory of railway vehicles, particularly for high-speed train sets. The railway investment is expected to remain high, and there is optimistic outlook for the purchase of new high-speed trains and advanced repair services, as well as the bidding for locomotives, which are expected to support steady growth of railway equipment companies.
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