HONG KONG, Jan 29 (Reuters) - Shares in Canadian coal miner SouthGobi Energy Resources Ltd (1878.HK)(SGQ.TO) fell about 12 percent in their Hong Kong debut on Friday, hurt by the stock's overly high valuation and poor timing.SouthGobi sold 27 million new shares, about 16.8 percent of its enlarged share capital, and secured Asia's top sovereign wealth funds, China Investment Corp [CIC.UL] and Temasek Holdings [TEM.UL] as cornerstone investors, each subscribing to $50 million worth of shares with a six-month lock-up period. Full Story
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