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Vale debuts HDRs in Hong Kong
Mining firm aims to build its profile in Asia through the listing of the first Hong Kong depositary receipts
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Vale, the Brazilian mining giant, today launched the first ever Hong Kong depositary receipts (HDRs) as it seeks to expand its presence in Asia.
The company made its common shares and preferred class A shares available through the listing, although it did not raise any new money.
Vale wants to ...
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