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China Nuclear Generator CGN Power Surges on Hong Kong Debut By...

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    China Nuclear Generator CGN Power Surges on Hong Kong Debut By Aibing Guo and Fox Hu Dec 10, 2014 1:09 PM CT 0 Comments Email Print Facebook Twitter Google+ LinkedIn Save 12/09 12pm 4pm 8pm 12/10 4am 2.80 3.00 3.20 3.40 * Price chart for CGN POWER CO LTD-H. Click flags for important stories. 1816:HK3.360.58 20.86% 3.37 05am CGN Power Co. (1816) surged on its debut in Hong Kong today as investors flocked to the shares of China’s biggest atomic energy producer at a time when the nation is pushing to boost nuclear generation and cut pollution. The shares rose 22 percent to HK$3.39 as of 10:18 a.m in Hong Kong. The city’s benchmark Hang Seng Index gained 0.1 percent. CGN sold 8.83 billion shares at HK$2.78 apiece, the top of its price range, in Hong Kong’s biggest initial public offering in two years.
 
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