IPOs & Markets
The company is the world's second largest lithium producer by sales.
Sany’s advisers have reached out to firms Bain Capital, Carlyle Group, CVC Capital Partners and KKR & Co for the deal.
The company raised $133 million in December in its series D fundraising round.
Babytree is targeting a valuation of $3-5 billion.
The fund will seek PE, late-stage investment opportunities in tech, particularly in strategic sectors such as AI.
Caocao Zhuanche, backed by Zhejiang Geely Holding Group, and EvCard, an under state-owned SAIC Motor Corp, are looking to raise funds.
The building in question houses the New York Police Department’s 17th precinct, whose duties include security for Trump Tower.
Didi, which already owns a stake in Ofo, has hired a third-party agency to conduct due diligence on the startup's business and finances.
The listing comes as Hong Kong works to lure overseas-listed firms to conduct secondary share offerings in the financial hub.
The float is widely seen as a test of Hong Kong's IPO market as investors consider several large deals when the index is down
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