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20.11.25 - 17:01
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First Chinese-Made Trains for Malaysia′s East Coast Rail Link Roll Off Line (Caixin)
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The first batch of locomotives for Malaysia's East Coast Rail Link (ECRL) — the largest overseas infrastructure venture spearheaded by a Chinese firm — has rolled off the production line in Dalian, signaling a key milestone ahead of the project's anticipated launch in early 2027.
The 665-kilometer railway is a flagship project of the Belt and Road Initiative, designed to connect Malaysia's less-developed east coast with its economic heartland on the west coast. More broadly, the ECRL is seen as a crucial component of the Pan-Asia Railway network, with the potential to connect with Thailand and Singapore, significantly enhancing regional land-based trade routes.
The initial rolling stock, manufactured by CRRC Dalian Co. Ltd., includes passenger and freight locomotives commissioned by China Communications Construction Co. Ltd. (CCCC), the project's main contractor. CCCC confirmed on Wednesday that two CR200J electric multiple units (EMUs) and two HXD3C electric locomotives were completed this month....
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17.11.25 - 13:06
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Gibraltar to Acquire OmniMax International for $1.335 Billion (Business Wire)
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Combination significantly enhances Gibraltar's position in building products
Expected to be immediately accretive to EBITDA margin and cash flow
$35 million of expected cost synergies and approximately $100 million of cash tax benefits expected as part of purchase for an effective adjusted EBITDA multiple of 8.4xBUFFALO, N.Y.--(BUSINESS WIRE)--$ROCK #ROCK--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential, agtech, and infrastructure markets, today announced that it has reached an agreement to acquire OmniMax International (“OmniMax”) from funds managed by Strategic Value Partners, LLC and its affiliates (together “SVP”) for a cash purchase price of $1.335 billion. OmniMax is a leader in residential roofing accessories and rainware solutions with expected 2025 adjusted net sales of $565 million and adjusted EBITDA of $110 million. The purchase price represents an effective multiple of 8.4x based on OmniMax's expected 2025 a...
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10.11.25 - 05:01
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Tech Brief (Nov. 10): China Lifts Ban on Exports of Some Dual-Use Items to U.S. (Caixin)
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China lifts ban on exports of some dual-use materials to U.S.China's Ministry of Commerce on Sunday suspended a ban on exporting certain dual-use materials to the U.S. The suspension is effective immediately and will last until Nov. 27, 2026. It reverses a clause in a December announcement that in principle denied export licenses for dual-use items containing gallium, germanium, antimony and superhard materials to the U.S. The December announcement also banned exports of dual-use items to U.S. military users or for military purposes and implemented stricter reviews for graphite exports.U.S.' private investment in AI is nearly 12 times China'sThe U.S.' private investment in artificial intelligence was 11.7 times China's in 2024, China Renaissance CEO Wang Lixing said Saturday at the China International Import Expo in Shanghai. Citing a report from the Stanford Institute for Human-Centered AI, Wang expressed confidence that China's venture capital market, supported by policy, is recovering and can clo...
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06.11.25 - 04:09
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China Introduces New Exports Controls On Antimony, Tungsten And Silver (ZeroHedge)
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China Introduces New Exports Controls On Antimony, Tungsten And Silver
According to Trump, his big achievement a week ago when he announced the trade truce with China, was getting Beijing to agree to remove export limitations on rare earth minerals, which as most now know are so critical for US companies to make everything from cell phones, to cars, and military equipment. And yet, as discussed on a few occasions this week, it feels like the cracks in this latest trade deal are already starting to show, whether it is Beijing ordering Trump what he can't talk about, or quietly ring-fencing its domestic data center by banning US AI chips.
And now, it appears that while China granted Trump a 1 year reprieve on rare earths, it is quietly tightening the export noose on other, just as important minerals.
According to the Global Times, China has introduced new export controls on silver, antimony, and tungsten.
In the statement published on the MOFCOM's website last Thursday, the export controls ar...
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05.11.25 - 13:30
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Forget property boom times. China is quietly focusing on ′good houses′ (SCMP)
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China's blueprint of its next five-year plan is quietly rewriting the country's property playbook. The era of firefighting is giving way to a “build it better” mandate, even as policymakers continue to regard real estate as one of the top financial risks requiring orderly resolution.
Beijing's recommendations for the 15th five-year plan, which will be finalised in March next year, set the goal of “promoting high-quality development in the real estate sector”, in place of the familiar mantra that......
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03.11.25 - 21:00
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The Top U.S. States With the Largest Military Economies (24/7 Wall St.)
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The United States has long been the leading global military spender. America's defense budget topped $997 billion in 2024 alone, more than three times China's military budget, which is the second largest in the world. Much of the Pentagon's nearly $1 trillion in annual spending goes toward weapons procurement and research and development of military ... The Top U.S. States With the Largest Military Economies
The post The Top U.S. States With the Largest Military Economies appeared first on 24/7 Wall St.....
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27.10.25 - 10:00
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CHINA STATE CON's Operating Profit, JV's Profits Flat YoY in 1-3Q (AAStocks)
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CHINA STATE CON (03311.HK) announced that the Group revenue and share of revenue of joint ventures of the Group for the nine months ended 30 September 2025 were approximately RMB77.703 billion and RMB2.684 billion respectively, down 4.69% YoY, and up 17.46% YoY; while the aggregate amount of unaudited operating profit and share ......
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22.10.25 - 12:15
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Leju (Shenzhen) Robotics Pools ~RMB1.5B upon Pre-IPO Conclusion (AAStocks)
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Leju (Shenzhen) Robotics Technology, headquartered in Shenzhen, announced the conclusion of its pre-IPO fundraising, raising nearly RMB1.5 billion. Participants in the latest financing round included CITIC SEC (06030.HK)'s Citic Goldstone Fund and state-backed Shenzhen Investment Holdings Co., Ltd..The company added that the......
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