Add to Favorites  |  Subscribe |  Archive  |  Friend us on Facebook |  Follow Caijing on Twitter | 
English > Finance > Finance-Breakingnews>China Hires Macquarie, JP Morgan to Arrange Listing of Rail Assets

China Hires Macquarie, JP Morgan to Arrange Listing of Rail Assets

07-03 18:12 Caijing



» The Chinese government has hired Macquarie Securities and JP Morgan to help restructure some of the country's premier railway assets with a view to listing the holding company in an initial public offering that could be worth as much as US$ 5 billion, the Financial Times reported.
» The IPO is expected to be launched in Shanghai and Hong Kong in 2010, the newspaper reported on July 2. 
» "The government owns some railway assets and these are being restructured into a new holding company," a person close to the deal told the newspaper. 
From wires
Related Articles
  • Railway Construction Won Algerian Contracts
  • Hubei Railway Accident Kills 9, Injures 9
  • China Railway Construction Unit Wins Contracts Worth 3.5 Bln Yuan
  • China Railway Erju Won 4.6 Bln Yuan Contract
  • China Railway Units Win 22.7 Bln Yuan in Contracts
  • Government Offices Reports on Hunan Railway Accident
  • Railway Construction Corp. Won Contracts Worth 5.5 Bln
  • China Railway Construction Won 28 Bln Contracts
    • Week In Review
    more
  • October 26 to 30
    • SAFE may expand QDII program quotas this year; China's top three airlines book 3Q profit growth; Beijing university student fourth A/H1N1 death in China.
    Most Viewed
  • Tell the Emperor What He Wants to Hear
  • Andy Xie: Why China and Japan Need an East Asia Bloc
  • Wind Power Dilemma: Money Blows Away
  • Dirty Secrets of a Bus Boss Emerge at Chongqing Trial
    • Finance & Economy
    more
  • Chinese Shares up on Strength in Consumer Goods Companies
  • Economist Say 2010 Optimal New Lending at 8 Tln Yuan
  • Economist: China Should Maintain Proactive Fiscal Policy
    • Industry & Companies
    more
  • Costly Welcome Mat for Natural Gas Imports
  • BMW Purchase of Chinese Auto Parts to Hit 280 Mln Euros in 2009
  • Researcher Advises Against Importing Electric Car Parts
    • Energy & Environment
    more
  • Slow Sino-U.S. Synergy on Climate Change
  • Commercial Extraction of Flammable Ice 15 to 20 Years Away
  • IEA Estimates Massive Costs to Postponing Emissions Reduction
    • Contact us　|　Subscription　|　About Caijing　|　Work at Caijing　|　FAQs
    Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
    [ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号]
    Copyright by Caijing. All Rights Reserved