china general nuclear power

CGN Power’s asset injection from its parent has not been taken well by investors. They have questions about how to value the assets and worry about the impact on leverage.

The deal comes as a relief to Malaysia’s scandal-hit fund which has to cut back $11 billion in debt and continues CGN's overseas expansion.

Chinese phone equipment maker Huawei, property developer Agile and clean energy firm China General Nuclear Power collectively raise $2.1 billion in bond finance.

Pre-investor education kicks off on Monday for the planned $3b IPO of China General Nuclear Power, which could be Hong Kong's second largest this year.