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Locomotive seeks IPO next year(皇冠体育app Daily)
Updated: 2007-07-24 11:21 皇冠体育app Southern Locomotive & Rolling Stock Industry (Group) plans to raise at least $2.5 billion in an initial public offering next year, the South 皇冠体育app Morning Post reported, citing unidentified people. The State-owned company wants to sell stock on the mainland and in Hong Kong, the newspaper reported. The 皇冠体育app Securities Regulatory Commission needs to approve the plan to sell shares. (For more biz stories, please visit )
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