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China eyes new frontier in rail technology

China Railway Signal's HK listing debut comes amid a major push to market Chinese rail technology overseas

Sat, Aug 08, 2015 - 5:50 AM

HIGH TECHNOLOGY, HIGH MARGINS: Zhiliang Zhou, chairman of China Railway Signal & Communication Corp, raising his glass for a toast during the company's listing ceremony at the Hong Kong Stock Exchange on Friday.

PHOTO: BLOOMBERG

Beijing

THE Chinese aren't resting on their laurels in their quest to dominate the global rail-technology industry: They've also set their eyes on the high-margin signalling business.

China Railway Signal & Communication Corp made its listing debut on Friday in Hong Kong after...

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