Wednesday 28 February 2018

HKEX exec says maintaining active dialogue with Saudi Aramco on IPO plan | ZAWYA MENA Edition

HKEX exec says maintaining active dialogue with Saudi Aramco on IPO plan | ZAWYA MENA Edition:

"Hong Kong Exchanges & Clearing (HKEX) is still maintaining an "active" and "good conversation" with Saudi Aramco about its planned massive share sale, the head of HKEX said on Wednesday. At a news conference after announcing its results, Charles Li, however, said HKEX doesn't have visibility about Saudi Aramco's listing plan. The Saudi government says Aramco is worth $2 trillion and aims to list on one or more foreign stock exchanges in addition to Riyadh."



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