China South Locomotive Rolling - Auf der Überholspur ( Seite 14)

06.01.2011 12:12
UPDATE 1-China South Locomotive denies merger talks

HONG KONG, Jan 6 (Reuters) - China South Locomotive and Rolling Stock Corp has denied holding merger talks with the other main state-owned railway equipment maker, denting its Hong Kong shares.

The Financial Times had reported on Wednesday that Beijing was considering merging CSR with China North Locomotive and Rolling Stock Corp Ltd (CNR) to lead a high-speed rail export drive.

'CSR did not discuss and study integration with CNR,' the company said in a statement on Thursday. 'CSR regrets the spread of this information and hereby makes this clarification.'

The Shanghai-listed shares of China South Locomotive ended down around 1 percent after surging about 10 percent in the past two days. But China North Locomotive, which climbed a combined 14 percent on Tuesday and Wednesday, erased early losses to finish the day up 0.5 percent.

The possible merger of the two rail equipment manufacturers had became a hot topic as Beijing reorganises its state-owned companies. The State-owned Assets Supervision and Administration Commission supports a merger, but the National Development and Reform Commission does not, mainland media have reported.

CSR started exporting subway trains to Singapore on Thursday, marking the company's first subway train shipment to developed countries, it said in a separate statement.

CSR Sifang Locomotive&Rolling Stock Co Ltd and Japan's Kawasaki Heavy Industry Group together won the contract from Singapore's Land Transport Authority in 2009 to provide 22 trains, or 132 carriages, to the country.

(Reporting by Alison Leung; Editing by Will Waterman)

((alison.leung@thomsonreuters.com; +852 2843 6369; Reuters Messaging: alison.leung.reuters.com@reuters.net)) Keywords: CHINASOUTHLOCOMOTIVE/

(If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)

COPYRIGHT

Copyright Thomson Reuters 2011. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Die letzte News gefällt mir am besten!

Be2Me danke für deinen Beitrag hier damals - erst da bin ich auf diese Aktie aufmerksam geworden, bin seit 0.72 dabei und heute das Jahreshoch - in allen Banken wird sie mit 5 Sternen bewertet - also die höchste Punktzahl - nicht mal die meißten Titel des Daxes schaffen dies - also ich denke , jetzt geht es rasant weiter - vielleicht nicht wie Primacom heute - aber immer und immer höher

Man ich liebe diese Aktie und sie ist die größte in meinem Depot

Grüße aus Einsiedeln

07/01/2011 10:33
[I-bank focus] Nomura cuts CSR Corp (01766) to "neutral"

Nomura downgraded CSR Corporation (01766) from
"buy" to "neutral" on rich valuation, but lifted its target price to HK$11.2 from HK$10.5.
The research house believes the rally is being driven mainly by various positive news
and find it difficult to further raise its price target purely on fundamental analysis.
Nomura believes upside potential lies in operations, especially margins and continuous
positive newsflow. But it reminds investors that risk emerges when the share price
rallies ahead of fundamentals. (KL)


Related Stocks: ： 01766
Back to Research Report


Previous︰07/01/2011 11:00 [I-bank focus] Nomura upgrades Lijun (02005) to "neutral"
Next︰07/01/2011 10:28 [I-bank focus] Nomura upgrades CSR (03898) to "buy" & HK$38

Ist auch meine Lieblingsaktie! Hat mir schon viel Freude bereitet und vor allem Geld!

Clarification Statement on Integration Rumor of CSR and CNR
Resourced by :CSR issued on : 2011-01-05
CSR did not discuss and study integration with CNR. Recently, some media published hearsay on integration of CSR and CNR. After verification, this message has nothing to do with CSR. CSR regrets the spread of this information and hereby make this clarification

CSR ranks among most responsible enterprises again
Source: CSR 2011-01-10 2011-01-12

On January 9, the “Most Responsible Enterprises in 2010” were unveiled at the 6th China International Forum on Corporate Social Responsibility. As a result, CSR defended the title after winning it last year. Liu Hualong, executive director, deputy Party secretary and discipline inspection secretary of CSR, received the award and participated in the responsibility dialogue on behalf of CSR. Chief Engineer Zhang Xinning attended the forum on “Methods for and Limitations of Low-carbon Emissions Development” as a dialogue guest.

According to the source, only 12 companies in the country ranked among the ““Most Responsible Enterprises in 2010”, including domestic and overseas enterprises such as CSR, China Development Bank, CNOOC, Lenovo and Volkswagen.
CSR has become the best spokesperson for social responsibility performance due to its green means of production, great efforts in manufacturing green products and serving green transport, as well as well-known high-tech low-carbon products such as EMU. High-speed rail is affecting people’s life profoundly. In the dialogue, Liu generalized the responsibility comprehended by CSR in an impressive sentence: both China South Locomotive & Rolling Stock and Corporate Social Responsibility were abbreviated as CSR-responsibility always comes with CSR.

The event was jointly steered by the National Development and Reform Commission NDRC, Ministry of Commerce MOC, State-owned Assets Supervision and Administration Commission of the State Council SASAC, State Administration for Industry & Commerce SAIC, General Administration of Quality Supervision, Inspection and Quarantine AQSIQ, State Administration of Work Safety SAWS, Overseas Chinese Affairs Office of the State Council OCAO, All China Federation of Trade Unions ACFTU, Red Cross Society of China RCSC and China News Service CNS. The annual event coincides with the International Forum on Corporate Social Responsibility, has been held for six years in a row, and is the annual award for social responsibility in China.
Li Wuwei, vice chairman of the CPPCC, was present. Over ten leaders in the area of corporate social responsibility delivered speeches, including Li Haifeng, director-general of OCAO; Jiang Zengwei, vice minister of commerce; Zhong Youping, deputy director-general of SAIC; Yang Yuanyuan, deputy director-general of SAWS; Zhang Mingqi, vice chairman of ACFTU; Ma Liqiang, chairman of the Board of Supervisors of SASAC.

At the forum on “Methods for and Limitations of Low-carbon Emissions Development” in the afternoon, Zhang discussed the ideas and approaches for China’s low-carbon economy with government, academic and corporate representatives such as NDRC, the Ministry of Environmental Protection, the British embassy in China, Renmin University of China, China Datang Corporation and the Travel Channel, making suggestions on sustainable economic, environmental and social development.

19/01/2011 11:03
[I-bank focus] CSR's (1766) orderbook remains solid - Nomura

Nomura believes CSR Corporation's (01766) order
book remains solid (order backlog as at end-2010 was close to RMB100bn) after its
conference call with management, but the trend for FY11 needs further discovery.
Meanwhile, the research house thinks the intercity high-speed railway should be the next
growth driver for MUs, which will not peak until at least 2015.
Management are reasonably optimistic on the latest developed CRH6, which they believe
will gain market share in intercity railways, Nomura added.
The house remains positive on railway equipment makers, but due to its rich valuation at
23x FY11 P/E, it remains "neutral" on CSR with a price target at HK$11.2. (KL)

Der Kurs dürfte seine Seitwärtsbewegung noch ne Weile fortsetzen! Hab hier aber schon einige Überraschungen erlebt....der Trend der Aktie zeigt aber ungebrochen nach oben. Man muss nur mal den Chartverlauf hernehmen und mit dem Lineal ne Linie ziehen. Ein kontinuierlicher Aufwärtstrend, der bei den Aussichten für CSR mit ziemlicher Wahrscheinlichkeit anhalten dürfte.