Breaking News

McGraw Hill Gets Wells Notice on Ratings of 6 Mortgage-Backed-Securities Deals in ’11, Says SEC May Recommend Sanctions

China Railway Construction Wins 14.6 Billion-Yuan Contracts

China Railway Construction Corp., builder of more than half the nation’s railroads, said it won six contracts worth 14.6 billion yuan ($2.1 billion).

The value of the contracts is equivalent to 6.5 percent of revenue last year, the company said in a statement to the Shanghai stock exchange today.

--Belinda Cao. Editor: Tan Hwee Ann

To contact the reporter on this story: Belinda Cao in Beijing at

To contact the editor responsible for this story: Sandy Hendry at

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.