もっと詳しく

By Michael Kohn in Ulaanbaatar Plans devised by Mongolia’s government to partly privatise the frontier market’s stock exchange have been years in the making. The head of the exchange now says that plan could finally be realised within months and, if successful, will touch off even larger initial public offerings (IPOs). The Mongolian Stock Exchange (MSE), fully state-owned since its inception in 1991, could float up to 34% of its shares by the end of the year, chief executive officer Altai Khangai said in a Zoom call. The remaining 66% would remain in government hands, controlled by the Minist…