More on Guangshen Railway (GSH +13.5%) (previous): The Ministry of Railways has hiked the rail...

|About: Guangshen Railway Compan... (GSH)|By:, SA News Editor

More on Guangshen Railway (GSH +13.5%) (previous): The Ministry of Railways has hiked the rail freight rate by nearly 13% as of today, reports the Shanghai Securities News. It's the biggest hike since 2004, says Patrick Chovanec. Guangshen says freight transportation accounted for 9.44% of company revenue in 2011.