A-share market takes note of China’s nuclear ambition

If successful, China National Nuclear Power's IPO will become the world’s biggest IPO ever, beating Agricultural Bank of China’s $19.2 billion share sale.

A-share market takes note of China’s nuclear ambition
China Nuclear produces power through 13 subsidiaries and has an existing capacity of 6.5 million kilowatts

China National Nuclear Power’s Shanghai initial public offering is set to be a blockbuster. At Rmb173.5 billion $27.2 billion, it will be bigger than Agricultural Bank of China’s record $19.2 billion IPO, but will also reveal information on China’s strictly controlled nuclear industry.

The announcement of the deal was carried on the website of the Ministry of Environmental Protection a rather evasive way of revealing information to the public, but not unusual for...

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