HKEX plans board for ‘new economy’

0
1797
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Hong Kong Exchanges and Clearing Limited (HKEX) recently started a public consultation on launching a new board, which may lure more mainland Chinese companies to Hong Kong for listings.

The purpose of setting up the new board is to cater to start-up and tech companies currently not eligible for listing on HKEX’s main board and GEM. “The introduction of a new regulatory regime is the first step by the HKEX to attract new economy companies to come to Hong Kong for listings,” Billy Au, a partner of Mayer Brown JSM in Hong Kong, told China Business Law Journal.

Au added that a new economy company’s selection of listing venue would take into account various factors including investor interest, fund-raising capability, analyst coverage, secondary market liquidity, and other factors that help establish an investor ecosystem for new economy companies.

“HKEX and market participants have lots to do in the future to build an investor ecosystem for new economy companies in Hong Kong in order to attract Chinese companies to come to Hong Kong for listings,” said Au.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link