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A report on Bloomberg yesterday suggested that the Aramco float will be going to the Tokyo stock exchange due to instability in London and Hong Kong.
by rjsw 7y ago
A report on Bloomberg yesterday suggested that the Aramco float will be going to the Tokyo stock exchange due to instability in London and Hong Kong.
- culturestate 7y agoI understand the reasoning from Aramco's side, but still I'd imagine that would be a bit of a gut punch to Singapore. They've been working hard to position themselves as "Hong Kong, but stable and independent" for some time now.
- yskchu 7y agoSingapore exchange is pretty small, they don't even make the top 10, while Tokyo is top 3 (by company market cap), so makes sense Japan instead of Singapore