Source: 4-TRADERS China High Speed Railway Technlgy : -Speed Railway Gearing up Rail Transit Business

( SHENZHEN, June 15, SinoCast -- China High-Speed Railway Technology (SZSE: 000008) plans to acquire 90% of Beijing Jiaoda Microunion Tech from Jiaxing Jiuding for CNY 1.37 billion in cash. It also plans to acquire 100% of Wuhan Lide for CNY 340 million via issuing shares and paying cash. It plans to issue not more than CNY 2.2 billion...

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