Jan. 15, 2007 (China Knowledge) – China National Heavy-Duty Truck Corp (CNHTC), the country's third-largest truck maker and a partner of Volvo AB, plans to raise between HK$2.34 billion and HK$3.9 billion by listing on the Hong Kong Stock Exchange.

CNHTC will file a listing application to the Hong Kong Stock Exchange next month, market sources told the China Securities Journal. JP Morgan and China International Capital Corp Ltd (CICC) have been tipped to be the underwriters for the share sale.

The Shandong-based CNHTC announced that sales in 2006 are projected at 60,000 trucks, bringing in revenue of RMB 21 billion.