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A subsidiary of Sina Real Way Corp. plans to float $ 4.3 billion in shares



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BEIJING –


Posted in:
Thursday, November 22, 2018 – 7:12 pm
| Last Updated:
Thursday, November 22, 2018 – 7:12 pm

Beijing-based Shanghai High Speed ​​Rail, a subsidiary of Sina Railways Corp., has raised a 30 billion yuan ($ 4.3 billion) on a local market, said the source resident Thursday.

The company that runs the highest railway link between China to two major cities is the plan for the first public offering in the first half of # In the coming year to launch and CSC Financial to manage in collaboration with companies, Bloomberg's newsletter published the sources as well. Other.

The purpose of this year is the largest public offering in Chinese market, 27 million euros, to Foxon Industrial Internet.

Bloomberg said that the large offer would be a test of investing investment in Chinese companies, with China's stock market, which was recently succeeded as a result of # Trade of Beijing-Washington.

According to sources, the line of Beijing-Shanghai High Speed ​​Real Estate has not yet been recorded, which can be adjusted to the & # 39; the measurement situation and the position of the SAIs.

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