Models of CNR trains at a Beijing exhibition. The company announced 21 billion yuan in orders for trains in October. Photo: Xinhua
Models of CNR trains at a Beijing exhibition. The company announced 21 billion yuan in orders for trains in October. Photo: Xinhua

China CNR mulls Hong Kong IPO

Cash-strapped mainland rail giant may try to raise HK$11.3 billion in a local flotation this year

Models of CNR trains at a Beijing exhibition. The company announced 21 billion yuan in orders for trains in October. Photo: Xinhua
Models of CNR trains at a Beijing exhibition. The company announced 21 billion yuan in orders for trains in October. Photo: Xinhua
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