Chinese power companies

Retail investors snap up CGN Power’s Shenzhen IPO

China’s largest nuclear energy producer has received strong retail demand for its $1.76 billion IPO, set to be the largest ever listing in Shenzhen.

CGN Power is set to allocate most of the shares under its Rmb12.4 billion ($1.76 billion) initial public offering in Shenzhen to retail investors after they put in orders of more than 400 times the shares available to them.

¬ Haymarket Media Limited. All rights reserved.

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