Indonesian gold miner Merdeka Gold Resources is preparing for a secondary listing in Hong Kong with plans to issue Hong Kong depositary receipts to raise at least USD500 million, Bloomberg reported, quoting people with the knowledge of the matter. The final fundraising amount will depend on gold prices.HKEX (00388.HK) 0.000 (0.000%) Short selling $347.92M; Ratio 12.513% launched Hong Kong depositary receipts in 2008, but the product has not captured much market attention. Currently, there is only one Hong Kong depositary receipt listed, and that is FAST RETAIL-DRS (06288.HK) 0.000 (0.000%) . (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-28 16:25.)
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