China Resources New Energy's Shenzhen IPO draws $943 billion in retail bids
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China Resources New Energy's Shenzhen IPO draws $943 billion in retail bids SINGAPORE, June 23 (Reuters) - China Resources New Energy's 001248.SZ Shenzhen IPO drew about 6.4 trillion yuan ($943.2 billion) in bids from retail investors, a filing showed on Tuesday, as demand for the public tranche topped 1,000 times the shares first on offer.
($1 = 6.7857 Chinese yuan renminbi)
(Reporting by Yantoultra Ngui. Editing by Mark Potter)
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