MOSCOW : SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil and South Africa, the head of Russia's second-largest bourse said on Thursday.
Like many Russian companies seeking alternative,"friendly" markets, SPB hopes to offer trading in Uzbekistan, India, Brazil, Mexico, South Africa and other developing countries. "We are talking about jurisdictions with a large quantity of restrictions," Goryunov told reporters, listing the movement of capital, tax and foreign investor rights as examples.
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