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 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...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition