All covered: CRSC opens $1.8bn Hong Kong IPO

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All covered: CRSC opens $1.8bn Hong Kong IPO

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China Railway Signal & Communication Corp (CRSC) hit the road for its HK$14.00bn ($1.81bn) IPO in Hong Kong on July 27, launching the trade with a covered book and putting half of the offering in the hands of a whopping 16 cornerstone investors.

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