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It's a long anticipated moment by stock investors1 in China. Railway mega-firm CRRC starts trading today. The company is born from a merger2 between China's two giant railway company CNR and CSR. Since news of the merger broke at the end of last year, stocks of both CNR and CSR had rallied, with the latter rising over 400% by its last trading session. Analyst3 expect the new CRRC will see a huge rally today, especially under the recent red-hot atmosphere in the A-share.
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1 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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2 merger | |
n.企业合并,并吞 | |
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3 analyst | |
n.分析家,化验员;心理分析学家 | |
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