Lightbridge Corporation (LTBR)

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CNNC Unit Shares Surge in Shanghai Debut
by Aibing Guo
June 9, 2015 — 9:50 PM EDT

Shares in China National Nuclear Power Co., the country’s second-biggest operator of atomic plants, surged by the limit today in their Shanghai trading debut, bolstered by the country’s plans to boost nuclear power generation and reduce dependence on coal.

The shares were suspended right after trading started at 9:30 a.m. local time when they rose by the 44 percent daily limit to 4.88 yuan from 3.39 yuan.

Asia represents the future for nuclear energy, as the region has 47 reactors under construction, most of them in China, and a further 142 forecast by 2030, the World Nuclear Association said in January. Asian investment in nuclear projects could reach $781 billion during the period, the WNA said. China has 22 reactors in operation and another 26 being built.

http://www.bloomberg.com/news/articles/2015-06-10/nuclear-generator-cnnc-surges-44-in-shanghai-trading-debut