China regulator approves CNEC’s $435 billion initial share sale

摘要

China Securities Regulatory Commission has approvednan application by nuclear construction firm ChinanNuclear Engineering Corp., or CNEC, to raise up to Yuann2.7 billion ($435 million) by selling as many as 525 millionnshares of the company in an initial public offering,nthe securities regulator said in a statement June 24.