China Communications Construction
Few construction players in Asia Pacific match the executional depth of China Communications Construction. From Beijing, the group manages a workforce of approximately 125k and generates close to $108B in revenue, while steadily widening the gap with regional peers.
Few construction players in Asia Pacific match the executional depth of China Communications Construction. From Beijing, the group manages a workforce of approximately 125k and generates close to $108B in revenue, while steadily widening the gap with regional peers.
The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.
“China Communications Construction is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”
Governance upgrades and a more transparent disclosure cadence are gradually narrowing the historical valuation gap with global peers.