Chinese AC & Heat Tech Company Plans $1 Billion IPO in Hong Kong
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 13 2025
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Source: WSJ
Company Announcement: Zhejiang Sanhua Intelligent Controls plans a US$1 billion secondary listing in Hong Kong to support the city's IPO market revival.
Funding Goals: The company aims to raise up to 8.12 billion Hong Kong dollars, approximately US$1.03 billion, through this listing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
