Visitors gather at Saudi Aramco’s booth during the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi, on November 11, 2019. Photo: EPA-EFE
Visitors gather at Saudi Aramco’s booth during the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi, on November 11, 2019. Photo: EPA-EFE
Alibaba

Saudi Aramco IPO pushes Tadawul bourse to top exchanges for fundraising, but Hong Kong remains No 1 globally

  • State-owned oil company’s IPO raises US$25.6 billion, topping Alibaba Group Holding’s record offering in 2014
  • Hong Kong among bourses that pushed for dual listing of Aramco’s shares

Visitors gather at Saudi Aramco’s booth during the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi, on November 11, 2019. Photo: EPA-EFE
Visitors gather at Saudi Aramco’s booth during the Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi, on November 11, 2019. Photo: EPA-EFE
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