Chinese leading air conditioner manufacturer, Aux Electric, planned an IPO in Hong Kong as early as September 2025, with an expected fundraising amount between US$600 million and US$800 million, Bloomberg News quoted insiders as saying. As the plan is still in its early stages, the specific issuance scale and timing may be adjusted.Aux Electric has submitted a listing application to the Hong Kong Stock Exchange last month, with CICC being its sole sponsor. Related NewsBOCI: Policy Catalyzes Return of CN Concept Stocks; HK Stock Mkt May Become Preferred Harbor; CN Brokers to Welcome Cross-border Benefits