Shares skyrocket on China train firms mega merger

Chinese listed shares of the world's largest train makers skyrocketed on Wednesday after the firms announced plans to merge. China CNR and CSR said they would merge to create a $26bn (£16.7bn) firm to compete with giants like Canada's Bombardier and Germany's Siemens. via Pocket http://www.bbc.co.uk/news/business-30640174#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa