Hong Kong Braces for IPO Wave Led by Sany Heavy Industry

Reported 1 day ago

Hong Kong's stock exchange is gearing up for a significant influx of initial public offerings (IPOs) next week, highlighted by Sany Heavy Industry, China's largest construction machinery manufacturer. The company aims to raise up to HK$12.36 billion in its dual-primary listing on October 28, amidst a total of four new listings that could help Hong Kong reclaim its status as the world's top fundraising venue this year. Retail investors can start placing orders for these stocks, which include companies in construction and technology sectors.

Source: YAHOO

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