Brazilian companies plan Hong Kong Listing

Hong Kong Exchange 2-year plan includes attracting new international listings in metals, mining and energy industries.

Hong Kong Exchanges & Clearing Ltd. is currently in talks with more than one Brazilian company over potential listing, according to Lawrence Fok, the bourse’s chief marketing officer.

“There is a natural resources company from Brazil which may be interested in doing a secondary listing in Hong Kong,” Fok said at a meeting in Tokyo, citing Hong Kong Exchanges’ Chairman Ronald Arculli.

Agrifirma Brazil, a business backed by Jacob Rothschild, is hoping to become the first Brazilian company to offer shares in the city, the Financial Times reported on July 18, citing the company’s Chairman Ian Watson. Fok declined to confirm the report.

The operator of Asia’s third-biggest stock market has held talks with Brazil’s bourse over potential listing of Brazilian companies in Hong Kong and Hong Kong companies in the South American country, Arculli said on June 22. The Hong Kong Exchange is aiming to attract new international listings, particularly in the metals, mining and energy industries, according to the exchange’s 2010 to 2012 strategic plan.

View the full story in Bloomberg.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!