Beijing – Shanghai High-Speed Railway Co. IPO was oversubscribed 156 times

The world’s largest high-speed railway network of 35,000 kilometers belongs to China. The US$4.3 billion initial public offering for the Beijing – Shanghai High-Speed Railway line was oversubscribed (demand for an IPO shares purchase is more, than number of shares issued to the public)

On Monday, over 12 million retail investors showed interest in the initial public offering (IPO) for the company which is owned by the&nbs....