优博彩票:Beijing-Shanghai High-Speed Railway prepares for IPO

0 Comment(s)Print E-mail Xinhua, February 27, 2019
Adjust font size:
A new bullet train "Fuxing" pulls out from Beijing South Railway Station in Beijing, capital of China, June 26, 2017. [Photo/Xinhua]

博彩公司 www.kilc.com.cn The operator of the Beijing-Shanghai high-speed railway, one of China's busiest high-speed rail lines, has launched preparations for an initial public offering (IPO) on the mainland stock market.

The Beijing bureau of China Securities Regulatory Commission, the country's stock market regulator, on Tuesday published information on the pre-listing tutorial services provided by CSC Financial Co. Ltd. for Beijing-Shanghai High-Speed Railway Co. Ltd. (BSHSR) on its website.

The IPO will be "a major move to advance the shareholding reform in national railway enterprises," said an official with China Railway Corporation (CRC), BSHSR's parent company.

With high-quality assets and stable cash flows, the BSHSR has been turning a profit for more than three years in a row and is eligible for an IPO, according to the CRC.

With a total length of 1,318 km and linking the capital with the eastern coastal economic hub of Shanghai, the Beijing-Shanghai high-speed railway has carried 940 million passengers since starting operation in June 2011.

Floating the company will expand its capital and improve its efficiency, and help establish a market-oriented mechanism of management, according to the CRC official.

No timetable for the IPO has been disclosed yet. 

Follow www.kilc.com.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
  • 计划确定之后,还需要落实,就要求计划所涵盖的所有因素都按预订的方案对接转化,尤其是计划所涉及的人一定要达到相应的要求并严格按计划开展活动…… 2019-05-13
  • 北京法院诉讼档案实现互联网查阅 2019-05-13
  • 货币金融安全应该已经迫在眉睫,应该成立党中央牵头的货币管制委员会,必要时采取非常规手段以保无虞。 2019-05-12
  • [猜想]——混沌至极!!!!后羿射日、精卫填海、愚公移山是不是神话故事??!! 2019-05-10
  • 社会上的任何人都在各尽所能,哪怕是一个街边的乞丐。他不想办法乞讨也得饿死,即使是想偷懒的人也必须绞尽脑汁想着以什么方式既能偷成懒还不会被人发现。社会主义并不担心 2019-05-04
  • 藏医保健常识:保肝护肝有讲究 2019-04-30
  • 信息网络传播视听节目许可证 2019-04-30
  • 2018中国红木家具大会在浙江东阳成功举办 2019-04-29
  • 男女差别有多大?河北省首次公开发布分性别统计分析报告 2019-04-19
  • 湖南《当代商报》工作人员遇害案告破 警方通报:情杀 2019-04-19
  • 概括起来就是:人在任何时候都有神赐的田地生长粮棉等生物而足食丰衣。 2019-04-18
  • 中华人民共和国监察法 2019-04-18
  • 新时代 新作为 新篇章 2019-04-17
  • 四川乐山公交车爆炸案系人为 嫌疑人已被控制 2019-04-16
  • “男童在幼儿园噎食死亡”,信息渠道应当畅通无阻 2019-04-16
  • 477| 964| 405| 16| 624| 703| 685| 105| 792| 587|