Sou Hu Cai Jing·2025-08-28 07:37Core Viewpoint - Jiaxin International Resources Investment Co., Ltd. has successfully completed a dual listing on the Hong Kong Stock Exchange and the Astana International Exchange in Kazakhstan, marking a significant milestone in cross-border financial cooperation and resource security for China [1][3] Group 1: Listing Details - The initial issuance scale was $153 million, with a potential post-green shoe issuance scale of $176 million if the green shoe option is fully exercised [1] - This project is the first of its kind to achieve simultaneous listings on both the Hong Kong Stock Exchange and the Astana International Exchange, and it is the first RMB-denominated stock in Central Asia [1] Group 2: Strategic Significance - The successful listing is crucial for China's global layout in strategic resources and supports the security of national industrial and supply chains, contributing to high-quality development of advanced industries [1] - The listing sets a new benchmark for multinational financial cooperation and capacity collaboration under the Belt and Road Initiative [1] Group 3: Role of CICC - CICC acted as the sole sponsor and coordinator for the project, leveraging its cross-border business capabilities and understanding of the listing rules in both markets [3] - The project exemplifies CICC's commitment to serving national strategies, ensuring resource security, and supporting the development of the real economy [3] - CICC aims to enhance the global competitiveness of Chinese enterprises and facilitate more international companies to list in Hong Kong [3]