A-share construction machinery stocks rallied in the afternoon, with Hengli Drilling Tools surging over 16% and Shenzhou High-Speed Railway hitting its daily limit. Other stocks such as CRCC Heavy Industry, Wuxin Tunnel Equipment, and Jinying Heavy I

2026-03-30

A-share construction machinery stocks rallied in the afternoon, with Hengli Drilling Tools surging over 16% and Shenzhou High-Speed Railway hitting its daily limit. Other stocks such as CRCC Heavy Industry, Wuxin Tunnel Equipment, and Jinying Heavy Industry followed suit. The news comes as China plans to build a high-speed railway underwater along the Yangtze River, with a total investment exceeding 500 billion yuan, expected to boost the added value of upstream and downstream industries by nearly 1.5 trillion yuan.