China Communications Construction Co Ltd traded at 7.57 this Thursday April 2nd, decreasing 0.07 or 0.92 percent since the previous trading session. Looking back, over the last four weeks, China Communications Construction lost 6.31 percent. Over the last 12 months, its price fell by 18.69 percent. Looking ahead, we forecast China Communications Construction Co Ltd to be priced at 7.52 by the end of this quarter and at 7.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Communications Construction Company Limited is a China-based company principally engaged in the infrastructure construction businesses. The Company mainly operates through five business segments. The Infrastructure Construction segment is engaged in the construction of ports, roads, bridges, railways and other infrastructures. The Infrastructure Design segment is engaged in the provision of consulting and planning services, feasibility studies, survey and design, as well as engineering consultancy services. The Dredging Engineering segment is engaged in the dredging, land reclamation, as well as pre-dredging and post-dredging businesses. The Equipment Manufacturing segment is engaged in the manufacture of cranes, bulk cargo handling machineries, marine engineering equipments and other heavy machines. The Others segment is engaged in the real estate development and fund investment businesses.