Aramco Will List in Hong Kong, says HKEX Boss

[Marina Schwarz + 1,576]

"A deal in Hong Kong with the possibility of accessing, either now or later, the Chinese investing public works wonders for Saudi Arabia, for China, for Hong Kong and for everybody else," Li told CNBC on Wednesday.

This sure makes sense. Wonder if London would raise the stakes.

[Addy + 14]

It DOES make sense. But probably not as a primary listing.

[Rodent + 1,424]

I disagree. I think Hong Kong is an attractive host for Aramco's IPO. Fewer strings attached, and I would imagine its investors are more tolerant as well. Not to mention that Hong Kong has ties to several Chinese-investor-related exchanges, so Hong Kong has access to a wealth of funds from Chinese investors.  I'm not saying it's going to be Hong Kong, but I certainly wouldn't discount it.

 

[Seleskya + 50]

Rumor on the Royal street is that MBS wants NYSE (via Kuchner) and others want Hong Kong, London ... 

[Marina Schwarz + 1,576]

Ah, the plot thickens... With the FCA being probed by parliament, London is probably no longer the fave, so it'\s really going to get interesting.