China Railway Group Ltd. (CR) has submitted an initial public offering (IPO) for its lucrative Beijing-Shanghai high-speed railway unit, as the debt-ridden national rail operator looks to raise money from one of its few profitable lines.
China Railway Group Ltd. (CR) has submitted an initial public offering (IPO) for its lucrative Beijing-Shanghai high-speed railway unit, as the debt-ridden national rail operator looks to raise money from one of its few profitable lines.