Kazakhstan's QazaqGaz explores borrowing options on Hong Kong capital markets

ASTANA. Sept 10 (Interfax) - Kazakhstan's national gas company QazaqGaz is in talks with Hong Kong Exchanges (HKEX) and Clearing and China International Capital Corporation (CICC) on raising financing in Hong Kong's capital markets.

QazaqGaz CFO Zhanbolat Mirmanov held a working meeting Thursday with representatives of HKEX and CICC. The HKEX delegation included Christopher Wong, chairman of the Listing Committee.

"The sides discussed opportunities on Hong Kong's capital market for listing and raising financing, as well as potential areas for further cooperation," the company said.

Particular attention was paid to using international capital markets to finance QazaqGaz's projects and strategic objectives.

Hong Kong Exchanges and Clearing (HKEX) is the operator of Hong Kong's securities and derivatives markets, providing companies with access to international investors through equity and debt listings. It is one of Asia's largest exchange venues.

China International Capital Corporation (CICC) is a major Chinese investment bank specializing in investment banking, financing, equity and bond offerings, M&A advisory and corporate consulting.

QazaqGaz represents state interests in Kazakhstan's domestic and foreign gas markets. The company, which is part of Sovereign Wealth Fund Samruk-Kazyna, operates gas transportation infrastructure in the country.