A total of 8.3 trillion yuan of cash is expected to be frozen for subscribing new shares of 23 initial public offerings (IPOs) on Shanghai and Shenzhen bourses starting from this week.
Among them, 11 companies will open for subscription on Tuesday, and another 12 will be available for subscription on Wednesday. According to the prospectus, China National Nuclear Power Co., Ltd plans to raise 13.2 billion yuan via the IPO at issuing price of 3.39 yuan per share.
The scale of China National Nuclear Power's IPO subscription will be the largest one after September, 2011.
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