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Zhejiang Sanhua Seeks $1 Billion in Hong Kong Listing

Zhejiang Sanhua Seeks $1 Billion in Hong Kong Listing

Bloomberg12-06-2025
Zhejiang Sanhua Intelligent Controls Co. is seeking to raise as much as HK$8.12 billion ($1 billion) in its Hong Kong listing, the latest billion-dollar deal to drive the city's recovery in share sales.
The Chinese company on Friday began taking investor orders for 360 million shares, according to listing document. Sanhua is offering the shares at HK$21.21 to HK$22.53 each and has the option to upsize the deal.
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