Hong Kong’s Lee Aims to Encourage Aramco to List in City
- John Lee is visiting Saudi Arabia, then United Arab Emirates
- Officials seek investments to boost the city’s economy
John Lee
Photographer: Lam Yik/BloombergThis article is for subscribers only.
Hong Kong Chief Executive John Lee is seeking to convince oil giant Saudi Aramco and its units to consider a secondary listing in the Asian financial hub as he embarks on his first official visit to the Middle East, according to the South China Morning Post.
Lee is kicking off a campaign to attract new investment to the city following almost three years of pandemic isolation. The leader will meet top executives of Saudi Aramco and highlight what Hong Kong has to offer as an international financial center, according to the report, which quoted the leader as saying he will try his best to encourage the oil producer to list in the city.