HKEX dual-class share reform to attract unicorn IPOs

  • 2018-01-24

Afraid of losing initial public offerings (IPO) by technology giants like Alibaba, the Hong Kong Stock Exchange is set to allow dual-class shares to list on the mainboard, trying to lure mainland unicorns or private startups with a valuation of over US$1 billion back to the city. More unicorns’ list …