There is good news of the long term investors. As per reports, the Hong Kong Stock Exchange has finally nodded for an initial public offering of Glencore International, a commodity trader based in Switzerland.

With the news hitting the galore, the company is chalking out full fledge strategies to pull out more funds from the dual listing in London and Hong Kong.

Though the company has kept its plans, of raising about $10 billion through the IPO, under wraps, Glencore has set April 1 as a deadline for finalizing the complete documentation of the reports.

In addition, an Italian fashion house, Prada, is expected to make an appearance in the listing of Hong Kong as it has submitted an application for an initial public offering this week.

A close source from the Prada has confirmed that with this submission, the company can expect to raise about $2 billion. Many analysts believe that many such IPOs can be seen in the listing of Hong Kong in the coming time.