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Chinese Hong Kong, Russia to strengthen direct links

English.news.cn   2010-09-01 06:17:17 FeedbackPrintRSS

Russian President Dmitry Medvedev (1st R) meets with Donald Tsang Yam-Kuen (3rd L), chief executive of China's Hong Kong Special Administrative Region, in Moscow, capital of Russia, Aug. 31, 2010. (Xinhua) (jl)

Russian President Dmitry Medvedev (1st R) meets with Donald Tsang Yam-Kuen (3rd L), chief executive of China's Hong Kong Special Administrative Region, in Moscow, capital of Russia, Aug. 31, 2010. (Xinhua)

They both saw great room for cooperation in terms of academic and cultural exchanges, information technology and environmental engineering.

Prior to his arrival, Tsang had said Hong Kong was "the ideal place" to sell the stock packages of Russian companies.

"I am sure many of our businessmen will seek possibilities to take part in privatization of Russian state assets as they have already done it in the Chinese mainland," said Tsang.

"They have money, so they will follow with attention which assets Russia offers for sale," he said.

"In current conditions our market is better than that in London, " Tsang said.

Russian aluminum giant RusAl held IPO in Hong Kong in early 2010. Twenty more Russian companies were considering the option of IPO in Hong Kong.

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Editor: Mu Xuequan
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