Story perspectives

HKEX Proposes Lower Market-Cap for Weighted Voting Rights

4/11/2026

Summary

Story summary

Fang Liu, a partner at Clifford Chance, represents technology firms seeking to list in Hong Kong amid burdensome requirements.
Since 2018, Clifford Chance has helped more than a dozen companies raise funds under a listing regime for pre-revenue biotech firms and those with weighted voting rights.
The HKEX proposal would lower the market-cap threshold for weighted voting rights firms to HK$20 billion (US$2.6 billion), with the consultation ending May 8.

1 of 1

Story summary

Fang Liu, a partner at Clifford Chance, represents technology firms seeking to list in Hong Kong amid burdensome requirements.
Since 2018, Clifford Chance has helped more than a dozen companies raise funds under a listing regime for pre-revenue biotech firms and those with weighted voting rights.
The HKEX proposal would lower the market-cap threshold for weighted voting rights firms to HK$20 billion (US$2.6 billion), with the consultation ending May 8.