Volvo's China partner targets HK listing in 2006

Newswire

(For an expanded Hong Kong IPO diary, click ) SHANGHAI, June 23 (Reuters) - Volvo AB's partner in China aims to list in Hong Kong this year to fund an expansion that could more than double its sales in four years. "We hope to float shares in Hong Kong before the end of the year to help fund our capacity expansion," an executive at China National Heavy-Duty Truck Corp., who declined to be named, told Reuters on Friday. He did not give a fund-raising target. China National, which has a ...

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