HKEX embraces new era with tech-friendly board
Hong Kong Exchanges & Clearing (HKEX) could reinvent itself as a tech-friendly bourse by creating a board to host pre-profit companies and those with multiple share classes which would be a potential draw for the likes of Alibaba Group.
The exchange released a consultation paper on June 16 proposing the setting up of a New Board that will have two parts, 'Pro' and 'Premium'.
The move is an effort by HKEX to stay ahead of the competition and diversify the city’s market away from the traditional sectors
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