"Yangtze River Underwater High-Speed Rail" Rapid transit equipment concepts surge strongly, Jinying Heavy Industry hits the daily limit with its first board.

2026-04-07 02:16:48

（Source: Caixin News）

          CCTV Finance reports that China will build high-speed rail under the Yangtze River, with total investment in the along-river high-speed rail exceeding 500 billion yuan, driving added-value growth of nearly 1.5 trillion yuan across upstream and downstream industries.

On March 31, rail transit equipment concepts surged strongly. Ganying Heavy Industry (301048.SZ), Shenzhou High-speed Rail (000008.SZ), Jinxi Wheelset (600495.SH), and China Railway Construction (600528.SH) hit the daily limit. Tongye Technology (300960.SZ), Tieda Technology (920541.BJ), Tieke Rail Transit (688569.SH), RYMYM (300906.SZ), and Jikong Technology (688015.SH) and others also followed higher.

According to the news, CCTV Finance reports that China will build high-speed rail under the Yangtze River, with total investment in the along-river high-speed rail exceeding 500 billion yuan, driving added-value growth of nearly 1.5 trillion yuan across upstream and downstream industries.

In addition, on the same day, the ultra-large-diameter tunnel boring machine “Fengjiehao” independently developed by China was successfully rolled off the line in Nantong, Jiangsu. It will be used for the Yangtze River tunnel project of the Yancheng-Yi? High-speed Railway. This project is the first high-speed rail shield-tunneling tunnel in China to use plug-in connection-type segmental lining. The tunnel construction will help advance China’s ultra-large-diameter underwater shield tunneling tunnels toward a fully intelligent construction era.

Caitong Securities said that amid market volatility, construction has demonstrated resilient and durable strength, and it continues to be bullish on leading companies in steel structure + major construction + coal chemical industry. Last week, the CSI 300 fell by a relatively large margin, while construction fell by a smaller amount. Construction transformation-related products performed better, and coal chemical industry, steel structures, major construction, and others also posted relatively strong gains. Oversold overseas-returned private-sector leaders rebounded as expected. We believe that external factors are still exerting some influence on market risk appetite and the main themes. However, based on China’s domestic fundamentals, fixed-asset investment growth is a main theme that is relatively certain. The fixed-asset investment data for January and February also supports our previous view.

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