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Hong Kong’s MTR Corp signs investment deal with train parts maker CRRC Guangdong

Hong Kong’s MTR Corporation has signed a deal with CRRC Guangdong, marking the firm’s first investment in the railway equipment industry of the city’s neighbouring province and a bid to gain further access to the Greater Bay Area market. The deal between the local rail giant and the train parts maker was signed in Beijing on Thursday, with the MTR Corp announcing the move a day later. “This marks MTR’s first investment project in the railway equipment industry in Guangdong province, facilitating...


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