The Russian brokers started auctions actions with placement in Hong Kong

Saint Petersburg Stock Exchange started on June 20 auctions securities with primary listing at the Hong Kong exchange. The first participants of auctions became the investment company "ALOR%2V", BKS, JOINT-STOCK COMPANY "TINKOFF BANK", website "Finam.Ru", "FRIDOM FINANCE". From this day broker companies in a format of trial operation with support Saint Petersburg the Exchanges started adjusting registration and other systems. Now 12 securities of issuers Hong Kong and continental China are available to investors. Subsequently the list should be expanded. By the end of this year it will make 200 papers, and within the next year - 1000. Now to already bargaining Alibaba...