Chinese power generation company SDIC says it may list GDRs in London
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(Reuters) - Chinese power generation group SDIC is considering proceeding with an offering of global depositary receipts (GDRs) in London under a link with the Shanghai exchange, it said on Tuesday. The offering would include newly issued GDRs representing underlying "A" shares in the firm, and the proceeds would be used to help expand SDIC's renewable energy business overseas and paying down offshore debt, the company said.Reuters reported in July that the state-backed energy firm had hired..