Hong Kong's proposed listing rules to draw mainland Chinese tech firms
The new rules have made the Hong Kong mainboard more attractive to Chinese ADRs who are under pressure to delist in the US, industry experts said.
Hong Kong’s introduction of a new channel for specialist technology companies to get listed on the mainboard will likely be a boon for the equity market as it is likely to draw mainland Chinese tech firms, but industry experts ask that the HKEX balances investor protection and fundraising opportunities carefully.
On October 19, Hong Kong chief executive John Lee gave his first policy address since taking office in July. He dedicated a section to enhancing Hong Kong as an internati…
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