China’s Sany Heavy Industry is starting to gauge investor interest in its Hong Kong listing, according to the deal’s terms seen by Bloomberg News, inching closer to what would be among the city’s biggest first-time share sales this year.
The construction-machinery maker would conduct so-called investor-education meetings this week starting Monday, the terms showed. The company planned to list its shares in the coming weeks to raise around US$1.5 billion, people familiar with the matter…China’s Sany Heavy Industry is starting to gauge investor interest in its Hong Kong listing, according to the deal’s terms seen by Bloomberg News, inching closer to what would be among the city’s biggest first-time share sales this year.
The construction-machinery maker would conduct so-called investor-education meetings this week starting Monday, the terms showed. The company planned to list its shares in the coming weeks to raise around US$1.5 billion, people familiar with the matter…  Read More ​Business – South China Morning Post