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The Nexus
BUSINESSJun 11 · 03:57 UTCSCMP WORLDZhang Shidong

China Resources New Energy’s US$3.6 billion IPO smashes records on Shenzhen exchange

China Resources New Energy Holdings, a spin-off of China Resources Power, is set to raise 24.5 billion yuan (US$3.6 billion) through its IPO on the Shenzhen Stock Exchange, breaking records as the largest IPO and first red-chip company on the exchange.

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China Resources New Energy HoldingsorganizationChina Resources PowerorganizationShenzhen Stock Exchangeplacered-chip companytopicwind and solar powertopic
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