Bankers unconvinced as HKEx consults on dual shareholding

By Lorraine Cushnie
01 Sep 2014

It is probably no coincidence that in the week Alibaba is due to start pre-marketing its $20bn IPO, the Hong Kong Exchange has launched a concept paper on whether it should allow dual class shareholdings.

The tech giant’s decision to list in the US even though it had made public its desire to IPO in Hong Kong brought a whole heap on criticism onto the HKEx for its decision to stick by its ‘one share one vote policy’. The exchange has always defended ...

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