King & Wood Mallesons (“KWM”) advised China Railway Signal & Communication Co., Ltd. (“CRSC”) on its successful listing on the main board of the Hong Kong Stock Exchange (stock code: HK 3969). The company issued 1.75 billion shares with an offering price of HK$6.30 per share, raising approximately US$1.4 billion. The Joint Global Coordinator partially exercised the overallotment option on 28th August, raising a total of 39.819 million shares. This part has been listed and traded on 4th September 2015. The project is the 4th largest IPO this year to date in Hong Kong Securities Market.

KWM acted as the PRC lawyer to the sponsor. This project was led by partners Ms. Tang Lizi and Ms. Peng Jin. Partner Mr. Zhang Yongliang provided strong support to this project.

Established in 1953, CRSC is the world's largest solution provider of train traffic-control systems and the only supplier of China railway’s train dispatching command systems. Meanwhile, it is also the largest supplier of China’s urban train traffic-control systems solutions.