China Said to Pitch Hong Kong Listing, Funds for Aramco IPO

  • Chinese funds could act as anchor investors for oil firm's IPO
  • Aramco said to consider listing downstream, refining assets

Is China Pitching an Aramco IPO in Hong Kong?

Chinese officials pitched a dual listing for Saudi Arabian Oil Co. that would put the government-owned oil giant’s shares on both the Hong Kong and Saudi exchanges in return for anchor investments from Chinese funds, according to people familiar with the matter.

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