| From Bloomberg: SouthGobi Energy Resources Ltd., the Canada-listed mining company backed by China’s sovereign wealth fund, fell in its Hong Kong trading debut, two days after the world’s largest aluminum producer slumped on listing.
The Vancouver-based coal producer led declines among Chinese miners of the fuel, dropping as much as 16 percent after opening at HK$123.50. The stock was at HK$112.20 at 11:54 a.m. local time. SouthGobi had originally priced the shares at HK$133.50. The Hang Seng Index was down 0.2 percent......................................Full Article: Source
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