-- Shanghai Construction Group's (SHA:600170) value of its newly signed contracts fell 6.5% year over year to 60.4 billion yuan in the first quarter, according to a Wednesday filing with the Shanghai bourse.
Contracts in the construction design segment edged down 1.6% to 50.3 billion yuan across 1,421 projects.
Consulting and building contract value increased 19% to 1.97 billion yuan across 789 projects.
Shanghai Construction's shares increased nearly 1% during morning trading on Wednesday.