Hong Kong proposes easing rules for dual-class share listings in competitiveness push

Business

March 13 : Hong Kong's stock exchange has proposed lowering market value thresholds for companies seeking to use a dual-class share structure - a move that could add momentum to a boom in share sales in the Asian financial hub. The Stock Exchange of Hong Kong Limited, a unit of Hong Kong Exchanges and Clearing (HKEX), said the proposals were part of a broader competitiveness review. Companies sometimes favor a dual-class share structure as it can give founders extra voting power, allowing them