Sany Heavy Industry raises $1.7bn in Hong Kong debut

China's largest heavy machinery maker counts Temasek, BlackRock among cornerstone investors

20251028 Sany listing2

Top executives of Sany Heavy Industry pose at a listing ceremony in Hong Kong on Oct. 28. (Photo by Kensaku Ihara)

LORRETTA CHEN

HONG KONG -- Sany Heavy Industry's shares closed at 21.90 Hong Kong dollars on debut, up 2.8% from the opening price of HK$21.30 on the Hong Kong Stock Exchange on Tuesday. 

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