China Yuchai International Limited (CYD)'s Indirect Subsidiary Starts Preparatory Work for a Potential Listing on a Foreign Stock Exchange

With significant upside potential, China Yuchai International Limited (NYSE:CYD) secures a spot on our list of the 10 Best Debt Free Small Cap Stocks to Buy Now.

On August 25, 2025, China Yuchai International Limited (NYSE:CYD) announced that one of its indirect subsidiaries has started preparatory work for a potential listing on a foreign stock exchange.

China Yuchai International Limited (NYSE:CYD) emphasized that the proposed listing is still in its preliminary stage, contingent upon due diligence results, possible corporate reorganization, regulatory approvals, and market conditions. Despite that, the company believes that the move is pivotal for its subsidiary to enhance its access to international capital.

China Yuchai International Limited (NYSE:CYD), a leading powertrain solution provider, designs and manufactures light-, medium-, and heavy-duty engines for vehicles, construction, and agricultural equipment, and marine and power generation applications. It is one of the Best Debt Free Stocks.

While we acknowledge the potential of CYD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.