Hong Kong set for IPO flurry with Sany Heavy Industry leading the charge

The Hong Kong stock exchange is poised for a blockbuster day next week, as four stocks - including Sany Heavy Industry, China's largest construction machinery manufacturer - are set to debut, positioning the city to reclaim its status as the world's top fundraising venue this year. Among the four stocks launching on October 28, Sany Heavy Industry, already listed in Shanghai, aims to raise the highest amount, targeting up to HK$12.36 billion (US$1.59 billion) by offering 580.42 million shares in its dual- ...