Will Rusal's prospectus be delivered in a brown paper bag? The Russian aluminium company has been cleared to list shares in Hong Kong, but with an unprecedented stipulation: adults only. Restrictions in both the primary and secondary markets are designed to protect vulnerable minors. The minimum subscription will be HK$1m and the stock will trade in lots of 200,000 shares.
俄羅斯鋁業(Rusal)發放招股說明書時是不是要用一個棕色紙袋裝著?這家俄羅斯鋁業公司已獲准在香港上市,但附有一個前所未聞的條件:只限「成人」。最小認購金額爲100萬港元,而且股票交易單位將是每手20萬股。這些對一級和二級市場的限制措施旨在保護脆弱的「未成年人」(即中小投資者:譯者注)。
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