China regulator accepts CGN’s $2.3 billion domestic stock listing plan

摘要

CGN Power Co., a subsidiary of China General Nuclear Power Corp., plans to raise up to Yuan 15 billion ($2.3 billion) in a public sale of new shares in a domestic listing to raise money for nuclear plant construction, the company said in a filing to the Hong Kong Stock Exchange June 22. The China Securities Regulatory Commission accepted for review the application materials June 22 for the Chinese domestic market share offering of the company, and a preliminary prospectus is available on the regulator’s website. CGN Power is already publicly traded in Hong Kong. Its parent company CGN is China’s largest nuclear power producer by capacity.