CGN shares rise on Shenzhen debut

Firm's performance reflects investors' belief in nuclear sector's prospects

The share price of CGN Power Co Ltd, China's largest and the world's third-biggest nuclear energy company, surged on its first trading day in the Shenzhen Stock Exchange's small-and medium-sized enterprises board on Monday, in a sign of the market's confidence in the future of nuclear power as a clean energy source in China.

The stock finished 44.18 percent higher at 3.59 yuan (5 cents) per share. The company is also listed in Hong Kong.