The Hong Kong Exchanges flag, Chinese national flag and Hong Kong flag are hoisted outside the Hong Kong Stocks Exchange in Hong Kong June 7, 2016. - Reuters filepic
HONG KONG: Hong Kong Exchanges Clearing Ltd (HKEx) is sending a message to startup companies the world over: We want your business.
The bourse operator on Friday proposed the creation of a new exchange that would allow firms to list before they’ve made a profit and permit dual-class shares, an issue that caused Hong Kong to miss out on Alibaba Group Holding Ltd’s US$25bil initial public offering (IPO).
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