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Sany plans IPO for the first time for 2 billion USD

Date:2012-06-04 Author:Eric Source:www.chinatrucks.com

www.chinatrucks.com: Sany plans to restart IPO, and the amount is about two billion USD.  

 
The mechanism giant postponed their 3.3 billion USD IPO last Sept. last year mainly due to the and they have submitted IPO request to Hong Kong Stock Exchange. 
 
One of the reasons for postpone last year is due to that Asian stock exchange confidence are heavily struck, and new investors are not interested in new shares. 

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