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Beijing-Shanghai High-Speed Rail on Track for $4.4 Billion IPO

2020年01月03日 19:45 来源于 财新网
Listing marks first for assets held by debt-laden operator of China’s state-of-the-art bullet train network
The listing would be one of the largest in recent years for the Chinese mainland’s stock markets.

The operator of a high-speed rail line connecting China’s two leading cities of Beijing and Shanghai has priced its landmark IPO, in a deal that could become one of the largest offerings of 2020 as the national rail operator looks to become more commercial.

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