China's Sany Heavy picks Germany for its European listing bid

Rival to Caterpillar and Komatsu seeks to boost global profile

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Chinese construction equipment maker Sany Heavy is looking to list in Germany as it attempts to expand its international business. 

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Construction equipment maker Sany Heavy Industry is seeking a dual-listing in Frankfurt, which would make it one of the first Chinese companies to list in Germany under a "stock connect" arrangement with China that went into effect last year.

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