LONDON, Sept 25 (Reuters) - China Yangtze Power
began its London debut unchanged at $26.46 per global depositary
receipt (GDR) on Friday after pricing a smaller than expected
$1.83 billion London listing overnight.
The Shanghai-listed company sold 69.1 million GDRs as part
of the listing - as opposed to the original plan to sell 100
million GDRs - at $26.46 each, representing about 3.1% of its
share capital in Shanghai.
Yangtze Power becomes the second company this year to make
the trip from Shanghai to London as part of a stock connect
scheme between Britain and China following China Pacific
Insurance earlier this year.
(Reporting by Abhinav Ramnarayan, editing by Karin Strohecker)