China Resources Power Holdings (HKG:0836) said its spun-off subsidiary, China Resources New Energy (SHE:001248), priced its Shenzhen initial public offering at 10.11 yuan per share, according to a Friday filing with the Hong Kong Exchange.
China Resources New Energy plans to issue 2.11 billion shares, with the offering size increasing up to 2.42 billion shares if the overallotment option is exercised.
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