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Beijing-Shanghai High-Speed Railway Co to go public on Thursday

chinadaily.com.cn | Updated: 2020-01-14 20:34
A Fuxing bullet train makes its debut on the Beijing-Shanghai line. [Photo/VCG]

Shares of Beijing-Shanghai High-Speed Railway Co Ltd, the operator of the high-speed railway between Beijing and Shanghai, will be listed on the Shanghai Stock Exchange on Thursday, according to a statement from the company on Tuesday evening.

As the most profitable rail line in China, the Beijing-Shanghai High-Speed Railway reported a sales revenue of 25 billion yuan ($3.62 billion) for the first three quarters of 2019, with the net profit amounting to 9.52 billion yuan.

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