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China Machinery Engineering

China Machinery Engineering (1829 HK)

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Analysis
IndustrialsChina
China Machinery Engineering Corporation contracts international engineering projects. The Company constructs thermal power plants, hydro power plants, power station projects and communication projects. Furthermore, the Company also offers import and export services in electric meters, electro-optic light and castings products.
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08 Jan 2021 14:13

China Machinery Engineering (1829 HK): Possible Offer

Shares are suspended so there is nothing to do here. I think the Offer needs to be pitched closer to $4/share to dislodge Cape Ann. It will still...

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28 Sep 2018 02:07

China Machinery Engineering Corp (1829:HK)- Quality Business Trading Below Net Cash Value

China Machinery Engineering (1829 HK) (CMEC) is a Chinese state-owned construction and engineering company. It is project manager subcontracting...

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23 May 2018 11:52

Cosco Ship Intl-517 HK: Trading at Negative EV & 25% Discount to Net Cash; Deep Value or Value Trap?

According to a recent search on Bloomberg, there are just 4 companies listed in Hong Kong that have a market cap greater than 500M USD, reasonable...

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09 Mar 2017 16:15

The Latest Government FAI Target Warrants Stable Growth Prospects for Infrastructure Sector

The latest gathering of China’s National People’s Congress has produced some reassuring news for the domestic infrastructure sector. In our view,...

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08 Mar 2017 09:03

China Still Lucrative for Businesses Despite the Rising Wage Rates

China’s wage has been increasing and is now higher than some of its peers. This means operating in China involves paying more in wages, which can...

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