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ad-hoc-news.de
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China State Con stock trades at a 5.87 earnings multiple
ad-hoc-news.de
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⧍ āĻĻāĻŋāύ āĻāĻā§
China State Con secures CNY 14.00 billion: China State Con stock sits 23.97 percent below high
āĻĒā§āϰā§āĻĢāĻžāĻāϞ
The China State Construction Engineering Corporation is a Chinese state-owned construction company headquartered in Beijing. It is the largest construction company in the world by revenue and the 8th largest general contractor in terms of overseas sales, as of 2020. In 2023, the company was ranked 66th in the Forbes Global 2000.
While most of the assets of CSCEC were floated in the stock exchange as China State Construction Engineering Corporation Limited, CSCEC retained some assets such as schools and hospitals, as well as the stake in China Construction International Corporation which was not able to be transferred. Thus, CSCEC granted the listed company supervising rights.
This construction firm has built several of the world's tallest buildings and largest construction megaprojects. Wikipedia
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