Beijing-Shanghai High Speed Railway Co Ltd, the operator of the high-speed railway linking the two most developed cities of China, saw its shares rising by 43.24 percent to 6.99 yuan ($1.02) on debut before closing at 6.77 yuan on Thursday, up 38.73 percent from its initial public offer price of 4.88 yuan. The strong debut…
DetailsChina Daily :Beijing-Shanghai High-Speed Railway Co Ltd, the operator of the country’s most lucrative rail route, said in a file on Tuesday evening that company shares will be listed on the Shanghai Stock Exchange on Thursday. The company submitted its prospectus on Oct 22. Twenty-three days later, on Nov 14, it received IPO approval from…
DetailsVisible only by moonlight and the odd stray light along the way, the street was mostly empty – little traffic and just an occasional pedestrian. The roar of a motorcycle and cheerful music from a portable speaker suddenly broke the silence. Pan Chunguo, 27-year-old migrant worker, left his dormitory at an electronic factory in Zhaoqing,…
DetailsCHINA DAILY: All high-speed railway stations will allow passengers to use electronic tickets as part of the effort to streamline boarding procedures and improve service amid robust traffic during the upcoming Spring Festival travel rush, the national railway operator said on Thursday. “So far, high-speed and intercity railway stations nationwide have adopted the e-ticket service, in…
DetailsBeijing-Zhangjiakou line to bring direct benefits to impoverished rural residents The opening of the Beijing-Zhangjiakou high-speed railway is expected to help with poverty alleviation among impoverished rural residents and counties in the Beijing-Tianjin-Hebei region, bringing more opportunities to local industries, particularly with the 2022 Winter Olympics approaching. Zhangjiakou, about 200 kilometers northwest of Beijing and…
DetailsBeijing-Zhangjiakou route set to bring direct benefits to impoverished areas The opening of the Beijing-Zhangjiakou high-speed railway is expected to help with poverty alleviation among rural residents and counties in the Beijing-Tianjin-Hebei region, bringing more opportunities to boost local industries, particularly with the 2022 Winter Olympics approaching. Zhangjiakou, about 200 kilometers northwest of Beijing and…
DetailsNew high speed rail links have brought China’s northern regions to within a couple of hours’ travel from the nation’s capital, and there is plenty for tourists to see along the way, Yang Feiyue reports. The recent launch of a high-speed rail service has stirred up the wanderlust of Chinese travellers looking for seasonal thrills.…
DetailsGUANGZHOU – The southern Chinese city of Guangzhou on Thursday unveiled a 15-year development plan to build a multi-layer urban rail network, according to local authorities. The plan was approved by the standing committee of Guangzhou’s municipal committee of the Communist Party of China in December 2019, and aims at increasing rail’s share of public…
DetailsBEIJING – Cities on the Chinese mainland built a record 968.77 km of urban rails in 2019, according to a report from the China Association of Metros. At the end of last year, 40 cities had urban rail transit systems in operation, with a total length of 6,730.27 km. Subways continued to be dominant among…
DetailsThe first high-speed rail in Ningxia Hui autonomous region, linking its capital city, Yinchuan to Wuzhong and Zhongwei city, was put into operation on Dec 29. [Photo provided to chinadaily.com.cn] At least 20 high-speed railways are expected to start operation in 2020, according to Economic View’s calculation. The Yinchuan-Xi’an high-speed railway is expected to open…
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