Russia’s biggest private oil company LUKoil considers possibility of placement of its shares at Hong Kong exchange stock, said LUKoil’s President Vagit Alekperov.
Lack of the agreement, which will allow the Russian companies to place securities directly in Hong Kong, could become an obstacle for this intention.
This is not the first time when Alekperov thinks about listing in Hong Kong – in 2010 LUKoil already announced the similar intentions.
Sale of shares in Hong Kong is just the matter of time, because “placement will become an important step towards Asia,” Bloomberg quoted Alekperov as saying. –0—
Economics
-
The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
-
Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
-
In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
Leave a review