More and more foreign mining companies have expressed interest in a listing on the Hong Kong Stock Exchange, with Australia's third largest iron ore producer Fortescue Metals Group (FMG) being the latest to do so.
On March 28, Australian business newspaper Australia Financial Review reported that Fortescue is considering a listing on the Hong Kong Stock Exchange in order to raise new funding from Asia to enable the company to expand its production capacity.
Fortescue CEO Andrew Forrest met officials of Hong Kong Stock Exchange last week in Hong Kong. He stated that the company was reviewing all its options.