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19.02.2010 21:48 #KASE news

Hong Kong Stock Exchange expects to see up to Ten Russian Companies in its listing in the next couple of years

/IRBIS, February 19, 2010/ - Hong Kong Stock Exchange expects to see up to 10 (ten) Russian companies in its listing in the next couple of years, - said in the statement issued on February 18 by Bloomberg.

"I would like to see five, ten companies from Russia, listingovannyh here" - said Chairman of Hong Kong Exchange Ronald Arkulli Bloomberg Television. "This is probably a little too optimistic, but would not be surprising if this happens." As reported in January on Gonokongskoy exchange took place IPO shares Russia's aluminum company Rusal. As a result of placing more than 10% of its shares the company has attracted about $ 2.24 billion.

Head area noted that the requirement for listing in the Hong Kong area is rather strict: "We were a little tougher, a little more stringent than other exchanges.

Earlier Arkulli stated that Russia's companies could attract about $ 2 billion from sales of shares in Hong Kong in the second half of this year. He said that the Hong Kong Stock Exchange has received applications for IPO of more than 30 companies, while he did not specify whether they are local or foreign.

"Listing Rusal certainly aroused the interest of Russian business, both private and public, to Hong Kong", - said Arkulli.

[2010-02-19]