China Railway Engineering Wants to Share Offer

China Railway Engineering Corporation is considering an A-share and H-share offering to raise $3.8 billion, aiming for significant capital expansion in China’s infrastructure sector.

November 1, 2007 7:53 pm | Last Update: July 31, 2015 7:54 pm

Asia’s biggest railway and tunnel contractor, China Railway Engineering Corporation, says it is considering launching an A-share offer this month before offering H-share’s in Hong Kong, the China Securities Journal says.

The company says it aims to raise US$1.8 bn through the Hong Kong offer and a further US$2bn through its Shanghai shares.

TAGS: China Railway Engineering, China Railway Engineering company, China Railway Engineering railway company

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