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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
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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