Sany Heavy Industry Hong Kong IPO Preview

• Sany Heavy Industry is getting ready for an IPO listing in Hong Kong. It is targeting up to HK$12.36 billion (US$1.59 billion) by offering 580.42 million shares in this listing.

• The IPO price of Sany Heavy is set between HK$20.30 and HK$21.30, with the final price to be determined on Friday.

• Sany Heavy is the largest construction machinery manufacturer in China and third largest globally. Its main products include excavators, concrete equipment, hoisting and piling machines, and road construction equipment.

Sany Heavy Industry Main Products (Source: Company data)