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Idan Ofer: Zim will be listed in Hong Kong

Idan Ofer: Zim will be listed in Hong Kong

Hong Kong: "We have decided to list Zim on the Hong Kong stock exchange, and I would advise many Israeli companies to do the same," said Israel Corp chairman Idan Ofer at a conference yesterday. Referring to visiting Hong Kong Stock Exchange chairman Ronald Arculli Ofer said, "Hong Kong and China will become the world's trading hub. Our friendship has taken us to many continents and countries."
Arculli, said, "There is great seriousness and readiness to expand the platform for your business and investments," he said. Asked whether the Hong Kong Stock Exchange management feared that Israeli stocks would fail to bring investors in their wake, Arculli said jokingly, "They say at Zim that we're tougher than the London Stock Exchange. We do everything we can to ensure trading on our market is successful." [6/5/08]