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CGN follows subsidiary, fires up $2bn HK listing
CGN Power is set to tap the market in the wake of the successful pricing of a Hong Kong IPO for its subsidiary CGN Meiya Power Holdings. The company has started investor education ahead of a planned $2bn listing.
CGN, or China General Nuclear, operates nine nuclear power stations with a total installed capacity of 9.4GW. These account for almost 60% of total installed nuclear power generating capacity in China, according to a report by the China Nuclear Energy Association.
The company has now started the cornerstone ...Already a subscriber? Login
