China CNR Corp raises $1.2bn

May 17, 2014 - 12:00:00 am
A CRH380BL high-speed bullet train runs towards Beijing South Railway Station. China CNR Corp Ltd, the world’s largest train maker by sales, raised $1.2bn in a Hong Kong share offering, with pricing coming in at the low end after a recent rally in its Shanghai-listed stock.

 

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