Gezhouba Corporation Is Working with CRSC

The Melancholic Saga of Xiaomi in India

In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.

Meituan Taps into the Middle East

In August this year, Meituan released its earnings report for the second quarter and the first half of 2024, posting revenue of RMB 155.53 billion, a year-on-year increase of 22.9%. Operating profit reached RMB 16.46 billion, up 98.4% year-on-year.

UK Intensifies Crackdown on Illegal Immigration

On August 21, 2024, the UK Home Office announced the recruitment of up to 100 intelligence officers for the National Crime Agency (NCA) to tackle organized crime gangs exploiting asylum seekers using small boats to cross the English Channel. This initiative forms a crucial part of the UK government's strategy to address illegal immigration and criminal activities, aiming to curb these criminal networks' operations facilitating unlawful entry into the UK.

CRSC Wins Eight Significant Bids with Total Value of CNY 2.17 Bn

CRSC wins two bids on the railway system market and six bids on the urban railway market in recent two months, which is likely to help the company achieve growth again in Q4 2020 and fiscal year 2021.

Does Dual-listed CRSC Create a Room for Arbitrage Deals?

One of the largest China's rail transit related systems manufacturers is now listed both on HKEX and the Star Market. Let's track the two stocks' performance.