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China Resources New Energy’s offering is the largest ever on the Shenzhen Stock Exchange and ranks among the biggest for China’s renewable energy sector in recent years. Photo: IC
Shares more than doubled after the renewable-power producer raised 24.5 billion yuan, even as falling tariffs and grid constraints weigh on profit
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China Resources New Energy’s offering is the largest ever on the Shenzhen Stock Exchange and ranks among the biggest for China’s renewable energy sector in recent years. Photo: IC

Global Market: China Resources New Energy shares soar on Shenzhen debut after $3.6 billion IPO

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上半年沪市红利类和现金流ETF吸引超230亿元资金净流入-36氪

China Resources New Energy's stock soared nearly threefold on its Shenzhen debut, raising a massive 24.5 billion yuan in Asia's…

Shenzhen listing by renewables operator offers confidence boost

China Resources New Energy Holdings raises $3.6 billion in the largest Shenzhen IPO ever and biggest domestic Chinese listing…

China Resources New Energy has priced its Shenzhen IPO at 10.11 yuan per share and could raise up to 24.5 billion yuan, making it…

Shares of China Resources New Energy (SZEX: 001248) opened at CNY 13.28 on Thursday, trading 44.5% below their debut-day closing…

The proceeds will fund 7.18 GW of wind and solar projects across China, supporting the company’s expansion and its parent’s…