sany heavy industry

XCMG holds off on IPO launch – again

The Chinese construction machinery maker decides not to launch a downsized deal today as planned, even after increasing the bookrunner line-up to 12 banks.

September 25, 2011

Sany calls off $3.3 billion Hong Kong IPO

The decision paints a gloomy picture for XCMG's planned offering of up to $2 billion.

September 22, 2011

Sany Heavy braves market with $3.3 billion share sale

Sany Heavy Industry has seen off competition from rival issuer XCMG for its $3.3 billion IPO, while shoemaker Hongguo raises $147 million after pricing its shares at the bottom end.

September 19, 2011

Chinese machinery makers seek $5 billion from Hong Kong listings

Sany Heavy Industry and XCMG Construction Machinery are braving difficult market conditions to go head-to-head with competing Hong Kong IPOs.

August 17, 2011