CNEC surges 44% on trading debut

China Nuclear Engineering Corp, the country's major nuclear power plant builder, listed its shares on the Shanghai Stock Market on Monday, as part of its efforts to fund its nuclear power projects.

The company saw its shares surge 44 percent from the opening price, to close at 5 yuan (76 cents) per share. It issued 525 million shares on the A-share market, accounting for one-fifth of its total shares.

"We have finally become a public company after all these years of effort. This is a milestone for our company, and we will cherish this opportunity and strengthen our core capacity and profitability," said Gu Jun, chairman of CNEC.