EDM 1 – Issue 478

On track for profit: China’s best-performing bullet train line is set for bumper Shanghai IPO

Plus: what to watch in the Chinese economy in the year ahead; Tencent’s music app grabs multi-billion dollar stake in Universal; Baoneng buys struggling car plant from French giant 

Also: a mystery illness in Wuhan sparks epidemic fears; Bytedance’s TikTok in search row with Baidu; and why a Guangzhou fast-food chain was slapped with a Bruce Lee lawsuit