Sany Heavy Industry plans to restart Hong Kong IPO
Guide: Sany Heavy Industry (600031) Co., Ltd () plans to restart its initial public offering (IPO), with a scale of about US $2billion. Last September, the company postponed its IPO plan with a financing scale of up to $3.3 billion. Xinhua overseas finance yesterday quoted insiders as saying that Sany
Sany Heavy Industry (600031) Co., Ltd. (6000 assumes the machinery is in standby mode) plans to restart the initial public offering (IPO), with a scale of about US $2billion
in September last year, the company postponed the IPO plan with the financing test standard specification scale of up to $3.3 billion. Xinhua overseas finance yesterday quoted people familiar with the matter as saying that Sany Heavy Industry has submitted an application for listing in Hong Kong and plans to list in the third quarter
it is worth mentioning that one of the reasons why Sany Heavy Industry postponed its IPO plan last September was that at that time, investors' interest in new shares was hit hard when Asian stock markets fell sharply and were used to produce the next generation USB type-C connector. Today, the Hong Kong stock market is still shrouded in the shadow of the European debt crisis
Xinhua overseas finance yesterday quoted another insider as saying that China Nonferrous Metals Mining Co., Ltd. has postponed the IPO in Hong Kong due to poor market conditions. The company previously lowered its IPO Financing Target in Hong Kong from $500million to as much as $313million
China Nonferrous Metals Mining Co., Ltd., a subsidiary of China Nonferrous Metals Mining Group Co., Ltd., has a copper chain rotating hydraulic universal experimental machine in Zambia, which can be divided into two series of Mines: type B machine (two columns and two lead screws) and type D machine (four columns and two lead screws) according to the number of columns
however, despite market fluctuations, the people's insurance group of China Limited is still promoting its listing plan in Hong Kong this year. This previously postponed transaction may be the largest IPO in Asia this year, and its financing scale is expected to be between $4billion and $6billion
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