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On Monday, Jefferies adjusted its stance on Zhuzhou CRRC Times Electric Co., Ltd (3898:HK) (OTC: ZHUZY), shifting the rating from Underperform to Hold and revising the price target downward to HK ...
Earlier this month, CRRC Zhuzhou exported eight-inch IGBT chips to India where they were used to upgrade transformers of 100 electric locomotives, making them energy-efficient.
The report concludes with an emphasis on the valuation of Zhuzhou CRRC Times Electric Co Ltd, which Jefferies considers to be rich in light of the expected deceleration in IGBT business earnings. This ...
A former employee of Springfield’s CRRC train car manufacturing plant is accused in a civil lawsuit of downloading and sharing sensitive company documents after leaving the Chinese-owned company ...
Late last month, the MBTA announced it would be paying an additional $148 million to the Chinese locomotive manufacturer CRRC, in hopes of pushing the company to complete its order for desperately ...
Based on the advantages of CRRC, the system adopts the integrated design of "signal + traction + braking", which greatly improves the control accuracy, ride comfort and energy-saving control of ...
A South African tribunal has frozen 4.2 billion rand ($296.84 million) linked to the local unit of CRRC Corp as investigators probe the Chinese firm's deals with state-owned logistics group Transnet.
A railway lobbying group is calling on the Trump administration to use its most powerful sanctioning tool against China's CRRC after the Pentagon announced the world's largest maker of passenger ...
Zhouzhou CRRC Times Electric bought Dynex for 8 million pounds. China used the technology to manufacture its own IGBT chips for the first time. Times Electric built a £167 million manufacturing plant ...
On Monday, Jefferies adjusted its stance on Zhuzhou CRRC Times Electric Co., Ltd (3898:HK) (OTC: ZHUZY), shifting the rating from Underperform to Hold and revising the price target downward to ...
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