Claim: The China Railway Group Limited listed A shares for four to four point eight Chinese yuan and H shares from five point zero three to five point seventy eight Hong Kong dollars  on the stock exchanges in 2007, and began an 800 million USD high speed railway project through the agriculture belt in Venezuela.
Evidence: The IPO price of A share ranged from 4 to 4.8 Chinese yuan while that of H share ranged from 5.03 to 5.78 Hong Kong dollar. In November 2007, CREC announced that it would be listing A shares and H shares on the Shanghai and Hong Kong respectively. In support of a cross country railway building boom in Venezuela, CREC began construction in 2009 of the Anaco-Tinaco railroad, an 800 million USD project to building a 471 km high speed railway line through the agriculture belt.