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Guangshen Railway Company (GSH)Stock (Railroads Industry, Transportation Industry)Guangshen Railway Company Limited (Guangshen Railway Company) was established in 1996. Its shares are listed on the stock exchange of Hong Kong, New York, and Shanghai. The company is currently the only China railway enterprise with its shares listed overseas. The company holds the sole operating rights of the Guangshen Railway, one of the most modern railways in the China. The company is mainly engaged in railway passenger and freight transportation businesses between Shenzhen, Guangzhou and Pingshi, long- distance passenger transportation services, as well as the Hong Kong Through Train passenger service in cooperation with Kowloon-Canton Railway Corporation of Hong Kong. Guangshen Railway Company announced strong growth of revenue for the first three quarters of 2007 due to acquisition of the railway transportation assets of the Guangping Line. The company is well-positioned to leverage the railway growth opportunity in China especially in Guangdong province. However, the government's price regulation for railway transportation would negatively affect the company's earnings when its costs increase. Overall, we think its current price fairly reflects its prospects. Thus, we are maintaining Hold rating on the stock.
Guangshen Railway Company2004 Data 2005 Data 2006 Data 2007 Data 2008 Data Most Recent Data Available [edit] References |
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