The SFC’s about-turn will help Hong Kong compete with global capital markets such as New York and Shanghai. Photo: Sam Tsang/SCMP
Regulator’s U-turn paves way for dual-class companies to raise funds in Hong Kong in pilot plan
Only giant tech firms with investor protection measures will join under a pilot scheme to be launched next year as SFC is no longer opposed to dual-class shareholding
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SFC
The SFC’s about-turn will help Hong Kong compete with global capital markets such as New York and Shanghai. Photo: Sam Tsang/SCMP