China South Locomotive shares up 17 pct in HK debut

Newswire

(For an expanded IPO diaries, click ) HONG KONG, Aug 21 (Reuters) - Shares in China South Locomotive & Rolling Stock Corp Ltd , the country's largest train maker, rose 17 percent in their Hong Kong debut on Thursday, in line with expectations, after the firm raised a combined $1.5 billion in Hong Kong and Shanghai IPOs. Shares in China South Locomotive were set at HK$3.05 in pre-open trade, compared with a Hong Kong IPO price of HK$2.60, which had been near the middle of an indicated ...

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