Ashurst Advised SANY Heavy Industry On Its Successful Listing On The Hong Kong Stock Exchange
Ashurst advised SANY Heavy Industry on its H-share listing on the Hong Kong Stock Exchange, a major 2025 IPO.
Ashurst advised SANY Heavy Industry on its successful listing on the Hong Kong Stock Exchange
The Global Law firm Ashurst acted as the international sanctions counsel to SANY Heavy Industry Co., Ltd. (SANY Heavy Industry; HKEX stock code: 6031) on the successful listing of its H shares on the Main Board of the Hong Kong Stock Exchange. This milestone transaction represents one of the largest construction machinery IPOs globally in recent years and is the third-largest Hong Kong IPO on the Hong Kong SAR market in 2025.
Founded in 1994, SANY Heavy Industry is a global leader in the construction machinery sector, dedicated to research and development, manufacturing, sales, and service of a comprehensive portfolio of construction machinery products. SANY’s products are sold in over 150 countries and regions worldwide, making it the largest construction machinery company in China and the third-largest globally.
Alexander Dmitrenko commented,
“We are honored to have supported SANY Heavy Industry in its Hong Kong IPO. We appreciate the trust SANY has placed in us to advise on complex international sanctions, export controls, and related regulatory and compliance matters. Our team remains committed to assisting SANY with its ongoing compliance needs and future endeavors.”
Ashurst’s global sanctions team comprises international trade compliance experts covering sanctions, export controls, US outbound investment regulations, tariffs, supply chain compliance, and related legal areas. Led by the Tokyo office and supported by lawyers qualified in the US, UK, Hong Kong, Canada, the EU, and Australia, Ashurst provides comprehensive international trade advice and is a trusted legal advisor to numerous Chinese enterprises pursuing Hong Kong listings.
The Ashurst team advising on the transaction was led by Alexander Dmitrenko (Tokyo office Managing Partner), with support from Vicki Tang (Senior Associate). Additional support was provided by Kenneth Lee (Associate), Eleanor Zhao (Associate), and Joyce Ng (Legal Manager).
Ashurst has a vast international network, operating 31 offices in 18 countries across Europe, the Middle East, Asia-Pacific, North America, and Africa. The firm leverages this global reach to provide integrated, cross-border services.
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.