China Resources New Energy’s successful IPO in Shenzhen, raising $3.6 billion, reflects strong investor interest in the sector, as well as government policy support.
Zhang Zhiwei, President and Chief Economist at Pinpoint Asset Management, spoke to CGTN Europe. He said the surge in share price was driven by momentum around the alternative energy story and the company’s alignment with the government’s policy agenda. He added that the popularity of the Shenzhen listing highlights the exchange’s reputation for tech-oriented and new economy stocks. The boom in A-share IPOs in 2026 is expected to continue, with investors ready to allocate capital to promising sectors.
