railway

The listing of the track maintenance equipment maker is part of state-owned parent CRCC's broader strategy to improve capital structure and enhance the market value of assets.

The world’s largest railway control system developer by revenue locked in nearly $1 billion worth of cornerstone commitments to ensure the IPO stays on track.

The BTS SkyTrain operator’s infrastructure fund is expected to start trading in April, and could open the door for further issuance.

Growing pollution and congestion problems mean that investment in public transport is a sure thing, say analysts.

The state-owned logistics company is seeking to raise Rmb6 billion in a Shanghai IPO, less than half the Rmb14.7 billion it initially planned.

Another scandal is testing investor confidence in China’s troubled railway industry, but one rail company is nevertheless pushing ahead with a $2.3 billion Shanghai IPO.

The share price has increased 7.3% since its Hong Kong offering price was fixed at HK$5.43 last Tuesday.

The company will use the proceeds from the share sale to expand production capacity and for potential acquisitions.

China Railway Materials announces plans for a $1.5 billion IPO in Hong Kong and Shanghai next year, while Chinese oil and gas company MIE postpones its US IPO after failing to agree on a price.