Locomotive exports boost CNR shares
Updated: 2012-05-21 17:09
(Xinhua)
|
||||||||
BEIJING - Shares of China North Locomotive and Rolling Corp Ltd (CNR), the nation's second-largest train maker, gained Monday after delivery of two electric locomotives to Belarus. They will be the first Chinese electric locomotives on the European rail network.
The company's share prices jumped 2.88 percent to 4.28 yuan (68 cents) on the Shanghai bourse.
The two locomotives are the first batch of 12 electric locomotives imported by Belarus from China and will be put into commercial operation after the empty-loading commissioning and trial running on Belarusian lines, CNR said in a statement on its website.
The remaining 10 locomotives will be delivered by CNR Datong Electric Locomotive Company Limited by the end of the year, it said.
According to an agreement signed in 2010, Belarus will buy 12 electric locomotives from CNR for around 700 million yuan in total.
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |