The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: John Pitera who wrote (137)	3/17/2017 3:55:09 AM
From: elmatador	Read Replies (1) of 13803

China Investment Corp. would be the principal investor in the planned flotation by Saudi Arabian Oil Co., according to the people, who asked not to be identified because the talks are private. China National Petroleum Corp. may also invest in the IPO, they said. No formal agreement has been reached, according to the people. ... “It is a win-win if China can take a sizable stake in the Aramco IPO,” said Gordon Kwan, head of Asia-Pacific oil and gas research at Nomura Holdings Inc. in Hong Kong. “China needs to ensure oil supplies from Saudi Arabia, given the structural decline of the country's aging mature fields. Saudi Arabia can ensure market share in China, which might want to insist Aramco be listed in Hong Kong instead of London or the U.S.” http://www.pionline.com/article/20170316/ONLINE/170319899/china-investment-corp-in-talks-to-be-principal-investor-in-saudi-aramco-ipo

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