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Hydrogen Fuel Cell Maker SinoSynergy Weighs Hong Kong IPO

  • SinoSynergy could raise a few hundred million dollars in 2023
  • Company could file its preliminary prospectus next month

SinoSynergy, a Chinese hydrogen fuel cell company, is considering a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.

The company is working with an adviser for the listing plans, which could raise a few hundred million dollars, the people said. It could file a preliminary prospectus as early as next month, said the people, asking not to be identified as the information isn’t public.