A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi
A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi
IPO

Hong Kong rolls out welcome mat for US-listed tech stocks to raise capital via secondary listings, spurring exodus from US market

  • Bourse plans to allow companies with corporate shareholders of so-called weighted voting rights to raise funds, according to an announcement by the exchange
  • The proposed reform would allow Tencent Music, iQiyi and other US-listed Chinese technology companies to qualify for secondary listings in Hong Kong

Topic |   IPO
A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi
A still of the 2018 drama 'Story of Yanxi Palace' that was popular on iQiyi. Dubbed the “Netflix of China”, Baidu’s iQiyi may qualify for a secondary listing in Hong Kong, if a proposed extension of listing reforms in the city goes ahead. Photo: iQiyi
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