Ch18 should take precedence for mining listings: lawyer
Hong Kong is fast becoming a hub for mining companies hoping to launch initial public offerings. But a conflict between the listing rules and a consultation document released in the middle of 2010 has left dealmakers with a lack of clarity about quite how far advanced mining companies need to be before they list. The letter of the law should be enough, said Jayesh Wadhwani, a lawyer who helped draft the rules for mining companies while at the stock exchange.
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