VTB Capital, the Russian state-controlled investment bank, is hoping to arrange “three or four” IPOs through its new Hong Office next year.
The bank’s deputy chairman Yuri Soloviev said the listings would be in the energy and metals and mining sectors, according to the Hong Kong Economic Journal.
The Hong Kong team will be boosted to between 30 and 35 from today’s seven within the next year or two, according to the Russian firm.
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