Railway firm to raise funds on A-share market

Beijing-Shanghai high-speed line operator looking to securitize assets

Beijing-Shanghai High-Speed Railway Co Ltd, a unit of China Railway Corp and the company that runs the Beijing-Shanghai high-speed railway, is planning to raise funds through an initial public offering on the A-share market, it said in a regulatory filing on Tuesday.

Launched in 2011, the Beijing-Shanghai railway line is one of China's most profitable high-speed routes.