Three Chinese Companies Plan to Sell Shares in Switzerland

What’s new: Three Chinese companies are planning a listing in Switzerland, as Beijing tries to promote the interconnection of the Chinese and European stock markets.

The firms are engineering machinery maker Sany Heavy Industry Co. Ltd. (600031.SH), medical equipment manufacturer Lepu Medical Technology (Beijing) Co. Ltd. (300003.SZ) and new-energy vehicle battery maker Gotion High-tech Co. Ltd. (002074.SZ).