New stock news | XCMG plans to list on the Hong Kong stock market. The China Securities Regulatory Commission requires the company to provide additional explanations on the pricing basis for the new shareholders' investment prices in the past 12 months.
According to the Financial APP of Securities Times, on December 26, the China Securities Regulatory Commission announced the "Supplementary Materials Requirements for Overseas Issuance and Listing Record (December 22, 2025 - December 26, 2025)". The International Department of the China Securities Regulatory Commission publicly disclosed the supplementary material requirements for 19 companies, including the requirement for XCMG to supplement explanations on the pricing basis and fairness of the new shareholders' investment in the past 12 months. It is reported that XCMG submitted its application to the Hong Kong Stock Exchange on November 6, 2025, with China International Capital Corporation and CICC International serving as joint sponsors.
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