25-10-2016 09:44 via news.yahoo.com

Japan's Kyushu Railway skyrockets on Tokyo debut

Japan's Kyushu Railway rocketed Tuesday as the former state-owned firm made its trading debut in Tokyo after scoring one of this year's biggest initial public offerings. The firm raised 416 billion yen ($4.0 billion), making it the world's third biggest share sale this year after Postal Savings Bank of China's $7.4 billion listing in September and an offering this month from German renewable energy firm Innogy, worth about 5.0 billion euros ($5.4 billion). Tokyo sold shares in the struggling reg
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