According to reports, Xin Yi Sheng has submitted an application for a Hong Kong IPO seeking financing of no more than 5 billion US dollars.

According to media reports citing informed sources, Chinese photovoltaic module manufacturer Xinyisheng has submitted its application for listing in Hong Kong in a confidential manner. Some informed sources have stated that Xinyisheng may raise 4 to 5 billion US dollars through the issuance of shares in Hong Kong. It was also revealed that Morgan Stanley has joined the banks arranging the issuance transaction. In April, the media reported that Xinyisheng was cooperating with CITIC Securities and JPMorgan Chase to prepare for its listing in Hong Kong.