日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

China Railway shares drop after senior executive dies

By Lyu Chang (China Daily) Updated: 2014-01-07 07:19

China Railway shares drop after senior executive dies

Bai Zhongren, president of China Railway

China Railway Group Ltd saw its shares slump on Monday on the Hong Kong and Shanghai stock exchanges following the death of its president.

Both the A- and H-share listings of the nation's second-largest rail builder dropped more than 4 percent on Monday after the company said in a statement that its president Bai Zhongren died in "an accident" on Saturday evening, without providing any further details.

The company's operations will go on as usual, and its chairman will assume Bai's responsibilities until a new appointment is made, the statement added.

China Business News, a Shanghai-based business newspaper, reported on Monday that Bai, 53, jumped to his death from a four-story window at home, because of depression resulting from his company's financial situation.

The Beijing-based China Railway, a State-owned rail giant behind many national projects, declined to comment.

China Railway, which has 290,000 employees, builds railway networks and other infrastructure projects across the nation. It was ranked No. 102 last year on Fortune magazine's list of the world's biggest companies.

The State-owned railway operator said in December its network had more than 100,000 kilometers of tracks, including 10,000 kilometers of high-speed lines.

For the first three quarters of 2013, China Railway posted a net profit of 6.26 billion yuan ($1.03 billion), up 46 percent from 2012. The company's total assets stood at 626.5 billion yuan, and it had total outstanding debt of 531.9 billion yuan, with debt-to-asset ratio of almost 85 percent, according to the company's third quarter filings for last year.

Thanks to the central government's support for railway and urban infrastructure construction projects, the company's net profit will continue to rise in 2014 despite Bai's death, according to a research note from Wind Information Co Ltd.

China's railway construction projects have accelerated since 2008 when the government launched a 4-trillion-yuan economic stimulus package.

Such projects reached a peak in 2010 with infrastructure investment totaling 707.5 billion yuan.

Experts said that China's railway fixed-asset investment may rise "slightly" this year.

...
...
主站蜘蛛池模板: 成人在线免费播放 | 污视频导航 | 美女天天干| 日韩一级免费毛片 | 日韩一区二区在线播放 | 久久加久久 | 看黄色一级视频 | 免费一级黄色大片 | 日本黄色小视频在线观看 | 草在线| 在线观看国产一区二区三区 | 午夜精品免费观看 | 欧美大喷水吹潮合集在线观看 | 国产1区2区3区 | 狠狠狠狠狠狠狠狠 | www.夜夜夜 | 色天天综合网 | 欧美日韩黄 | 黑人精品一区二区 | 一区二区视频网站 | 青青国产视频 | 日本天堂在线播放 | 日本中文在线 | 久久香蕉精品 | 黄色工厂这里只有精品 | 日产精品久久久一区二区 | 男女操操操 | 中文字幕亚洲视频 | 日韩爱爱视频 | 亚洲精品在线免费观看视频 | 中文字幕免费在线播放 | 一级黄色片网站 | 手机在线观看av网站 | 男人的天堂2019 | 午夜国产小视频 | 欧美激情福利 | 三级视频在线观看 | 国产东北露脸精品视频 | 黄色一级a毛片 | 天天爽天天爱 | 欧美 日韩 精品 |