China National Heavy Duty Truck eyes HK IPO -paper


SHANGHAI, Sept 1 (Reuters) - China National Heavy Duty Truck Group Co aims to raise over $3 billion via an initial public offering in Hong Kong late this month, a newspaper reported on Saturday. The company is preparing for a listing hearing with the Hong Kong Stock Exchange, the Shanghai Securities News said. China National Heavy Duty Truck, the country's third-largest truck maker, is Volvo's local partner and competes with Dongfeng Motor Group and FAW Group.

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