HK Stock Market Move | China Railway Signal & Communication Corporation (03969) rose over 3% in the afternoon session, having recently won three railway market projects with a total value of approximately RMB 976 million.

China Railway Signal & Communication Corporation (03969) rose over 3% in the afternoon session. As of press time, it was up 2.92% at HK$3.0, with a turnover of HK$14.7417 million. On the news front, China Railway Signal & Communication Corporation announced that it won three projects from July to August railway dedicated line, high-speed rail public network 5G renovation, and track circuit equipment supply with amounts of RMB 529 million, RMB 290 million, and RMB 157 million respectively, totaling RMB 976 million, accounting for approximately 2.81% of the company's audited total operating revenue for 2025. If the projects are successfully signed and implemented, the orders are expected to be gradually converted into revenue along with construction and delivery progress. Changjiang pointed out that the company continues to optimize and upgrade the rail transit control system industry, accelerate the digital and intelligent upgrade of the signaling industry, promote the pedigree development of system products, and consolidate the "trinity" full industry chain advantage of rail transit; actively layout strategic emerging industries and accelerate entry into the new track of low-altitude economy.