Nuclear IPO gets strong reaction in Shanghai

Nuclear construction giant CNEC raises $278 million from its long-awaited initial public offering in Shanghai, the second largest A-share flotation so far this year.

China Nuclear Engineering Corporation (CNEC), the country’s nuclear construction giant, raised Rmb1.82 billion ($278 million) from its long-awaited initial public offering in Shanghai, making it the second largest A-share flotation so far this year.

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