---
title: "CHINA RESOURCES NEW ENERGY , SZSE's Largest IPO, Skyrockets 136.9% on Debut"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291522395.md"
description: "China Resources New Energysurged 136.9% on its debut, closing at RMB23.95, up from an IPO price of RMB10.11. With the full exercise of the over-allotment option, the company raised approximately RMB24.5 billion, becoming the largest IPO in Shenzhen Stock Exchange history, surpassing Arwana's 2020 listing."
datetime: "2026-07-02T09:10:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291522395.md)
  - [en](https://longbridge.com/en/news/291522395.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291522395.md)
generator: "portal-rs"
---

# CHINA RESOURCES NEW ENERGY , SZSE's Largest IPO, Skyrockets 136.9% on Debut

CHINA RESOURCES NEW ENERGY (001248.SZ) +13.840 (+136.894%) , demerged from CHINA RES POWER (00836.HK) -0.260 (-1.537%) Short selling $64.22M; Ratio 20.377% , closed at RMB23.95 on its trading debut, representing a 136.89% upsurge from its IPO price of RMB10.11.

Including the full exercise of the over-allotment option, CHINA RESOURCES NEW ENERGY raised approximately RMB24.5 billion, surpassing ARAWANA (300999.SZ) -0.160 (-0.661%) , which was listed in 2020, to become the largest IPO in the history of the Shenzhen Stock Exchange.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-02 16:25.) (A Shares quote is delayed for at least 15 mins.)

### Related Stocks

- [001248.CN](https://longbridge.com/en/quote/001248.CN.md)
- [00836.HK](https://longbridge.com/en/quote/00836.HK.md)
- [300999.CN](https://longbridge.com/en/quote/300999.CN.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**