The renewable energy arm of a Chinese state-owned conglomerate is preparing to list on the Shenzhen stock exchange in mainland China’s largest initial public offering in more than four years.
China Resources New Energy Holdings is set to raise $3.6bn when it starts trading in Shenzhen in the largest share sale in mainland China since Cnooc’s Shanghai IPO in 2022.
According to an announcement made to the Shenzhen Stock Exchange, the company will raise about Rmb24.5bn by offering 2.42bn shares priced at just over Rmb10.
您已阅读20%（521字），剩余80%（2049字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。