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The Company is mainly engaged in the railway passenger and freight transportation business between Guangzhou and Shenzhen and certain long-distance passenger transportation services.
With due diligence and the necessity of rail in a growing economy, I think this should be a solid play. Its dividends (given on a yearly basis) have increased or been maintained for 5 straight years. Its P/E ratio is less than 16 so it has been fairly valued in my estimation.
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