Cornerstones all aboard China Railway Signal IPO

The world’s largest railway control system developer by revenue locked in nearly $1 billion worth of cornerstone commitments to ensure the IPO stays on track.

China Railway Signal & Communication Corporation has placed more than half its $1.8 billion initial public offering in Hong Kong with cornerstone investors as the global roadshow gets underway today.

¬ Haymarket Media Limited. All rights reserved.

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