Feb 07, 2023 03:30 AM

FINANCE

Hong Kong Leader Pushes Aramco to Sell Shares on the HKEX

By Wang Xiaoqing and Denise Jia

Saudi Aramco’s $29 billion initial public offering in 2019 is the world’s largest on record.

Saudi Aramco’s $29 billion initial public offering in 2019 is the world’s largest on record.

Hong Kong Chief Executive John Lee is seeking to persuade Saudi Arabia’s state-owned oil giant Aramco to sell shares in the Asian financial hub in his first official visit to the Middle East.

The city’s leader plans to argue the advantages of Hong Kong and encourage Aramco and its units to participate in cooperation in Hong Kong at different level, Lee told local media.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: TikTok Chief in Congressional Hotseat

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin-Sinica Business Brief: TikTok CEO Pushes Back on Security Concerns

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: 2008 Redux? SVB Collapse Raises Questions About Banking Oversight

2: SVB Collapse Catches Chinese Tech Startups, Private Funds Off Guard

3: Beijing Welcomes Ex-Taiwan Leader’s Visit to the Mainland

4: Former Chief of Chip Giant Unigroup Charged With Corruption

5: Opinion: What China Can Learn From SVB’s Collapse

SPONSORED

OR