HK IPOs

Following in Rusal's footsteps

At the second Russia Capital Raising and Investment Summit speakers such as Ron Arculli and Julia Leung Fung-yee discuss the attractions of a Hong Kong listing for Russian companies.
<div style="text-align: left;">
Hong Kong's stock exchange — are the Russians coming? (AFP)
</div>
<div style="text-align: left;"> Hong Kong's stock exchange — are the Russians coming? (AFP) </div>

When Rusal raised HK$17.4 billion $2.24 billion through its initial public offering in Hong Kong back in January 2010, some pundits predicted that it would be the first of many Russian resources companies to list on the city’s stock exchange.

Foreign retailers such as Prada and Samsonite have followed in Rusal’s footsteps, but the influx of Russians has yet to materialise. That could be set to change soon. Russian companies are holding off listings worldwide at the moment as they take a wait-and-see view ahead of elections slated for December this year and March 2012, according to Jivko Savov, deputy CEO of capital markets and business development for En...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222