Consultant says China should divide railway projects to draw foreign funds

Article Abstract:

McKinsey and Co. principal Olivier Kayser believes China will draw more foreign investors in its railway restructuring project by 'unbundling' the railway system. Kayser explains that dividing the project into smaller sub-projects would result in significant savings for China's Ministry of Railways and make more capital available for core businesses. If this is not done, he warns that investors will be discouraged by uncertainties surrounding the project and the lack of a guaranteed rate of return.

Administration of General Economic Programs, Regulation and Administration of Transportation Programs, Railroad Programs, Regulation of Dom Invest by Foreign, Foreign investments, Finance, Transportation policy, Foreign investment laws, Railroad policy

---

Watchers of JR West get green light from analysts

Article Abstract:

Analysts are recommending West Japan Railway Co. (JR West) to investors. JR West begins trading Oct. 8, 1996, on the Tokyo Stock Exchange at the offering price of $3,282 a share. JR West shares are priced well below its net asset value and about 26 times forecast per-share earnings for the year ending Mar. 31, 1996. JR West is also expected to give a dividend yield of 1.4%, which is higher than the market's average dividend yield of about 0.8%.

Japan, West Japan Railway Co.

---

Many analysts are bullish on Guangshen Railway

Article Abstract:

A significant number of analysts consider Guangshen Railway to be one of best investments in China. They state that the company's line of business is easy to understand and it is relatively unaffected by international factors. Guangshen Railway has also stuck to its core business while delivering steady earnings growth figures every year. The Chinese rail carrier plans to make a $400 million share offering sometime in May 1996.

Going public (Securities), Initial public offerings, Guangshen Railway

Similar abstracts:

• Abstracts: Impressive debuts boost H shares. China state corporates seek international funds. Chemical companies to market in HK
• Abstracts: States speed divestment in Australia. Australia to sell off rest of CBA. Power sales in Victoria
• Abstracts: Truth and dare: Chinese weekend paper rakes scandal-and bucks. Going public: the market is hungry for press shares
• Abstracts: Fly in the ointment: Chinese rules trouble Japan's electronic firms. Gridlock
• Abstracts: Will it end in tiers? Directors - teach thyselves. Growing nearer to the Far East

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.