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China Guangdong Nuclear Buys Uranium Listing in Hong Kong

China Guangdong Nuclear Power Group is set to gain a Hong Kong listing for its uranium assets, testing investor sentiment toward the industry as Japan tries to contain its worst atomic accident.

China Uranium Development Co., a unit of Guangdong Nuclear, agreed to pay more than HK$984 million ($126 million) for control of drug supplier Vital Group Holdings Ltd., according to a Hong Kong stock exchange filing yesterday.