Market Views: do dual-class shares dilute investor protection?
Hong Kong stock exchange’s new regime permitting companies with dual-class shares to list came into effect on April 30. We asked four experts about the pros and cons of this change.
![Market Views: do dual-class shares dilute investor protection?](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fhkex.jpg&c=1&h=677&q=100&v=20243801&w=1204)
After four years of deliberations, Hong Kong Exchanges and Clearing (HKEx), the operator of the city’s exchange, announced the addition of three new chapters to the main board listing rules on April 24.
The new rules, which went into effect on April 30, include allowing the listing of biotech issuers that don’t otherwise meet financial eligibility tests, creating a secondary listing route for Greater China and international companies, and more controversially, permitting companies…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.