China pitches for dual listing for Aramco IPO

China pitches for dual listing for Aramco IPO

Oil tanker at sunset. Credit: Flickr/rabiem22

Chinese officials pitched a dual listing for Saudi Arabian Oil Co. (also known as Aramcothat 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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