Nuclear firm gets resounding response from investors

Shares of China National Nuclear Power Co, a unit of one of the country's three largest State-owned nuclear operators, rose by the daily limit when they debuted in Shanghai on Wednesday.

CNNP surged 44 percent to 4.88 yuan (79 cents) at the opening, according to the Shanghai Stock Exchange. Transaction volume was about 3.58 million yuan.

CNNP, a subsidiary of China National Nuclear Corp, raised about 13.2 billion yuan after pricing the deal at 3.39 yuan in its initial public offering, according to its statements on the exchange's website.