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Little need for HKEx dual class proposal, bankers say

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By Lorraine Cushnie, Rashmi Kumar
04 Sep 2014

Just one week before Alibaba is due to open books for its jumbo New York IPO, the Hong Kong Exchange has launched a concept paper on whether it should allow dual class shareholdings. But with very few issuers demanding this structure, bankers reckon that even if it brings in new rules, it is unlikely to change the dynamic of the market.

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By Lorraine Cushnie, Rashmi Kumar
04 Sep 2014