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Story summary
- Hong Kong Exchanges and Clearing (HKEX) announced significant listing reforms to attract innovative companies.
- The reforms broaden the special listing regime and expand the confidential filing option to all new applicants.
- Katherine Ng, head of listing at HKEX, said the reforms boost Hong Kong's competitiveness against global markets.
- The proposed change lowers the minimum valuation for companies under the weighted voting rights regime from HK$40 billion to HK$20 billion.
