CX Daily: China’s Renewable Energy Boom Runs Into Market Reality

Published: Aug. 10, 2026 9:00 a.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

On July 2, China Resources New Energy Holdings Co. Ltd. (CRNE) pulled off the largest ever IPO on the Shenzhen Stock Exchange, with its shares soaring 137% on debut and briefly lifting the company’s market value above 300 billion yuan ($44 billion).

FINANCE & ECONOMY

Analysis: Travel Is Booming in China, so Why Are State Tourism Firms Bleeding Red Ink?

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and Bloomberg - for the price of one.

Share this article

Open WeChat and scan the QR code