China Resources Power slips; renewable unit plans Shenzhen listing

China Resources Power Holdings Co

11/06/2026 08:23

** Shares of power plants operator China Resources Power Holdings 0836.HK slip 2.3% to HK$19.21, their lowest point since April 21
** China Resources New Energy, the renewable energy unit of China Resources Power, plans to raise about 24.5 bln yuan ($3.62 bln) in a Shenzhen IPO, according to its prospectus filed with the exchange
** Proceeds will be used to fund a pipeline of renewable energy projects, including wind and solar developments 
** YTD, China Resources Power up 11.5%, benchmark Hang Seng Index .HSI up 5.6%



($1 = 6.7767 Chinese yuan renminbi)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))