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 the largest IPO in Shenzhen Stock Exchange history. The renewable energy developer plans to use the proceeds to fund new wind and solar projects across China.

The proceeds will fund 7.18 GW of wind and solar projects across China, supporting the company’s expansion and its parent’s strategy to separately list its renewable energy…

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 the largest IPO in Shenzhen Stock Exchange…