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This article reveals the plan of Brazilian iron ore producer Vale to trade depositary receipts on the main board of the Hong Kong stock exchange (HKEx) from December 8, 2010. According to Vale, a secondary listing in Hong Kong, China is an important step in raising their profile and demonstrating their commitment to Asia. It cites the benefits of Vale's decision to launch Hong Kong depositary receipts (HDRs) to both HKEx and the firm. Li Xiang of Minmetals Futures expects Asian investors to receive Vale's HDRs well.

Chinese electric vehicle maker Li Auto has raised HK$11.8bn ($1.52bn) from a secondary listing that received strong support from investors. [ABSTRACT FROM AUTHOR]

US-listed hybrid electric vehicle maker Li Auto has hit the road for its Hong Kong secondary listing. The deal could raise around HK$13.1bn ($1.68bn) based on the last close of its US stock. [ABSTRACT FROM AUTHOR]

US-listed hybrid electric vehicle maker Li Auto launched a billion-dollar listing in Hong Kong this week, providing a much-needed boost for the bourse after a spate of announcements from China's regulators brought deal flow to a near halt. Jonathan Breen reports. [ABSTRACT FROM AUTHOR]

The article reports that foreign recourse companies are entering the Hong Kong listing in China as of November 2010. Iron ore exporter Vale is said to have received approval to launch Hong Kong Depository Receipt (HDR) listing on the Stock Exchange of Hong Kong. An investment bank source said that the HDR listing is beneficial to Hong Kong stock exchange and Vale. Meanwhile, OM Holdings revealed that it is considering a secondary listing in Hong Kong.