CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

China CNR Corp raises $1.2bn

Published: 17 May 2014 - 12:06 am | Last Updated: 23 Jan 2022 - 11:21 pm

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.