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HK approves new listing regime, despite concerns

The city's exchange operator will accept applications from pre-revenue biotech companies and issuers with dual-class shares from next Monday, despite lingering concerns.
HK approves new listing regime, despite concerns

Hong Kong's stock exchange has finally introduced new rules to accommodate companies with dual-class shares – a controversial structure favoured by many large technology firms that is expected to give the local IPO market a big lift. 

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