SANY(SH:600031) Zhi Tong Cai Jing·2025-10-09 07:58Group 1 - Sany Heavy Industry plans to raise $1.5 billion (approximately HKD 11.7 billion) through a Hong Kong IPO, with investor interest assessment expected to start next week [1] - The company is set to undergo a listing hearing with the Hong Kong Stock Exchange this week, aiming for a listing in the coming weeks, which would make it one of the largest IPOs in Hong Kong this year [1] - CICC is the sole sponsor for Sany Heavy Industry's listing application submitted to the Hong Kong Stock Exchange [1] Group 2 - According to Frost & Sullivan, Sany Heavy Industry is the third largest engineering machinery company globally and the largest in China based on cumulative revenue from 2020 to 2024 [2] - The company's products have been sold to over 150 countries and regions worldwide, with overseas market revenue expected to account for 62.3% of total revenue in 2024 [2] - Sany Heavy Industry's products are trusted by global customers and have participated in several iconic global projects, including the Hong Kong-Zhuhai-Macao Bridge and the London Olympic venues [2]