Oct 30, 2025 03:40 PM (GMT+8) · EqualOcean
On October 29, 2025, SANY Heavy Industry (6031.HK) was officially listed on the Hong Kong Stock Exchange Main Board, marking a new phase in its globalization. After debuting on the Shanghai Stock Exchange in 2003, the company has now completed dual A+H listings. SANY issued about 632 million H-shares (including a 15% over-allotment option) at HKD 21.30 per share. The IPO attracted 21 cornerstone investors subscribing to USD 759 million, including Temasek, BlackRock, Hillhouse, UBS Asset Management, LMR Partners, and Oaktree Capital Management, reflecting strong global confidence in SANY’s long-term growth and international strategy.

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