Mongolian Mining Listing Underlines Strength Of Hong Kong IPO market

In a watershed moment for Mongolia, the frontier economy is set to see its first firm go public in Hong Kong before the year-end. Indeed, coking coal producer Mongolian Mining Corporation is set to list up to 25% of its enlarged share capital in Hong Kong in early October, raising up to US$1bn in the process. CFW first moved to highlight the likely listing of the first Mongolian IPO in Hong Kong back in April (see, 'First Overseas Mongolian Listing Set For Hong Kong In 2012', April 5 2010').

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