HKEX CEO says talks to win Saudi Aramco listing "will never stop":
"Hong Kong Exchanges & Clearing Ltd (HKEX) (0388.HK) is still in talks with oil giant Saudi Aramco, with the bourse’s planned IPO investment link with China key to clinching the potential listing, Chief Executive Charles Li told Reuters on Tuesday.
In February, Li said the stock exchange would bank on its role as a gateway to mainland China’s deep-pocketed investors to win the coveted listing of state oil firm Saudi Arabian Oil Co [IPO-ARMO.SE].
Addressing a Reuters Newsmaker event, Li, who has previously worked with JPMorgan and Bank of America Merrill Lynch in China, said “the talk will never stop” in trying to woo Aramco, with China now one of the largest importers of Saudi crude."
'via Blog this'
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