Kirkland & Ellis is representing state-owned China Railway Signal & Communication Corp. on a planned initial public offering in Hong Kong worth $1.8 billion.

The Beijing-based traffic-control systems provider will list on the Hong Kong Stock Exchange on Aug. 7. China Railway Signal has already attracted 16 cornerstone investors including China Railway Group Ltd., China State Shipbuilding Corp., CRRC Corp. and China Life Insurance Co. Ltd.

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