THE COMPANY: The Mongolian Mining Corporation (MMC) is the first local coking coal producer in Mongolia which has been listed on the Hong Kong Stock Exchange (Stock Code: 975). The company owns and operates two open-pit coking coal mines: Ukhaa Khudag (UHG) and Baruun Naran (BN), both in South Gobi...
The initial public offering (IPO) of Erdenes Tavan Tolgoi (ETT) has been long delayed. If the giant multi-market stock sale can be completed, confidence could very well be restored and the capital markets of Mongolia could be revived. ETT has proven more difficult than first imagined, but much of what has held it back has been addressed and the...
THE COMPANY: BDS ec was established in 1991 and is both the oldest and largest brokerage and investment bank in Mongolia. BDS ec is the only publicly traded financial company on the Mongolian Stock Exchange (MSE) and trades under the symbol of MO:BDS. BDS ec’s market share of traded volume on the MSE...
Although landlocked between China and Russia, Mongolia’s priority is to cultivate trade and investment links with its “third neighbours” – a phrase first coined in 1990 by US Secretary of State James Baker to describe Mongolia’s relations with the US. A WTO member since 1997, Mongolia has since lowered barriers to trade. With a growing array of...
Which sectors provide opportunities for cooperation between the City of London and Mongolia?
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