Hong Kong Gears Up to Welcome Dual Class and Biotech Winners
After six months of debate, the market welcomes the Consultation Conclusions to the Hong Kong Stock Exchange’s New Board Concept Paper, issued on 15 December under an upbeat press release titled “HKEx Proposes Way Forward to Expand Hong Kong’s Listing Regime”. The Exchange’s new blueprint indicates a positive, if somewhat cautious, step forward in opening up Hong Kong to new classes of listing candidates.
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