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Market Rumors: CGN, Dalian Wanda, BAIC Motor

By Chelsea Naso (November 24, 2014, 2:50 PM EST) -- The initial public offering of CGN Power Co., China's largest nuclear power plant operater, has been oversubscribed multiple times, a sign of strong demand for the offer, which aims to raise as much as $3.16 billion, The Wall Street Journal reported Monday, citing a person familiar with the situation. CGN is said to have started taking orders on Monday for an offering of 8.8 billion shares with an indicative price range of HK$2.43 ($ 0.31) to HK$2.78 each, setting the stage for an IPO that would value the company at up to $15.8 billion, the report said....

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