CGN lists non-nuclear power assets on bourse
By Lyu Chang | China Daily | Updated: 2015-12-17 08:23
China General Nuclear Power Co, a nuclear power giant, has listed its non-nuclear power assets on the A-share market by acquiring a controlling stake in a listed company.
Shares of the listed-company, China Dalian International Economic & Technical Cooperation Group Co, climbed by the 10 percent daily limit to 15.9 yuan ($2.46) on Wednesday, the first day after the resumption of trading.
China Dalian International has sold 4.25 billion yuan worth of its shares to CGN (Beijing) Nuclear Technology Application Co, a CGN unit that focuses on non-nuclear power assets such as nuclear instrumentation, isotopes and radioactive sources, irradiation processing and nuclear materials, according to a regulatory filing.
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