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XCMG Automobile Mulls Hong Kong IPO, Targeting Up to US$500 Million in Funds
7 hour ago /
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Author：小编
Xuzhou XCMG Automobile Manufacturing Co., Ltd., a prominent Chinese truck manufacturer, is reportedly weighing the option of going public in Hong Kong. The company aims to raise as much as US$500 million by issuing shares, with the potential to finalize the entire process as soon as this year. However, specific details of the IPO are still being ironed out and remain subject to further deliberation.
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