High-speed railway firm to list on Shanghai market


Technicians perform maintenance work on a pylon adjacent to the Beijing-Shanghai High-Speed Railway line in Chuzhou, Anhui province. Photo by Song Weixing / For China Daily

BEIJING: Beijing-Shanghai High-Speed Railway Co Ltd, the operator of the country's most lucrative rail route, said in a file on Tuesday evening that company shares will be listed on the Shanghai Stock Exchange on Thursday.

The company submitted its prospectus on Oct 22. Twenty-three days later, on Nov 14, it received IPO approval from the China Securities Regulatory Commission, which set a new record for the shortest waiting period for regulatory approval.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

PETRONAS, CelcomDigi collaborate on digital transformation and sustainability efforts for the energy industry
Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Meta projects higher spending, weaker revenue
Property market recovery on the horizon
Buyout proposal for Anglo American could reshape copper market

Others Also Read