Russia’s energy giant Gazprom expects to become one of the first Russian companies to have its shares listed on the Hong Kong stock exchange, Gazprom’s financial director Andrey Kruglov said during an interview with Rossiya-24 TV channel on Thursday, TASS reports.
During the interview Andrey Kruglov said that in the near future that Russia and China may sign an agreement that would allow lifting all the restrictions for Russian companies to enter China’s stock exchange, according to the report from TASS.
Gazprom has already listed its shares on the Singapore stock exchange, in a first step towards shifting to the east, which contributed to an uninterrupted trade in Gazprom’s shares – when stock exchanges close in Europe, the work continues in Asia, Kruglov said.
In early February, China’s Dagong Global rating agency gave Gazprom the highest AAA credit rating for both local and foreign currencies, with a long-term stable outlook. This helped Gazprom get access to expanded listings on Asian stock exchanges.
Discussion
No comments yet.