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Companies

Beijing-Shanghai High-Speed Railway to run IPO

Listing profitable route operator aimed at improving parent company's finances

Beijing-Shanghai High-Speed Railway generated transport revenue of over 30 billion yuan in 2018.   © Reuters

BEIJING -- The operator of the Beijing-Shanghai high-speed railway line plans to run an initial public offering potentially within the next 12 months, its state-owned parent company China Railway Corporation has announced.

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