Business diversification may backfire on Lingong as it seeks Hong Kong IPO 臨工重機申港上市 多元化策略成雙刃劍
The mining equipment maker is looking to go public amid optimism around Chinese stocks and a commodities upturn, but its exposure to China’s troubled real estate market is a red flag 趁中國股市情緒回暖及大宗商品行情復蘇，礦業設備制造商臨工重機正籌備香港上市。然而，公司在房地產市場中的業務曝險，可能令投資者卻步。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.