Jiaxin’s Hong Kong-Kazakhstan listing paves way for mining peers, official says

The Chinese mining firm that carried out the first Hong Kong-Kazakhstan dual stock exchange listing after a tough start in the industry could motivate many more initial public offerings (IPOs) by peers who are keen on the Central Asian country’s extensive mineral deposits, a financial official said on Monday. The dual listing of Jiaxin International Resources Investment last year established a “proof of concept”, said Renat Bekturov, governor of Kazakhstan’s Astana International Financial...