CNNP eyes 4-year A-share IPO record with $2.6bn trade

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By Rev Hui
08 May 2014

State-owned China National Nuclear Power (CNNP) is planning to raise Rmb16.25bn ($2.64bn) from a Shanghai listing in what could be the largest A-share IPO since August 2010.

The nuclear plant operator is looking to float 25% of its enlarged share capital, or 3.65bn A-shares, on the Shanghai Stock Exchange, according to its preliminary prospectus filed to the China Securities Regulatory Commission on May 4.

Shaanxi Coal Industry holds the title of the largest onshore IPO ...

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