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<IPO>Aux Electric Plans to List in HK as Early as Sep, Raising Max. US$800M: Rumor
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Chinese leading air conditioner manufacturer, Aux Electric, planned an IPO in Hong Kong as early as September 2025, with an expected fundraising amount between US$600 million and US$800 million, Bloomberg News quoted insiders as saying. As the plan is still in its early stages, the specific issuance scale and timing may be adjusted. Aux Electric has submitted a listing application to the Hong Kong Stock Exchange last month, with CICC being its sole sponsor. AASTOCKS Financial News Website: www.aastocks.com |
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