The new third board is the best way to compete against New York and attract more listings to Hong Kong, says Charles Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing. But Jake Van Der Kamp argues it is only the best way to cash him out of his share options at a top price when he goes looking for his next job. Photo: Felix Wong
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Charles Li now effectively has the go ahead for his big new idea. He calls it the ‘New Board Pro’. I call it the trash board

All listing new restraints removed; no track record required; no minimum capitalisation; no director dealing restriction; and any company listed can be controlled absolutely by people who hold none of the shares

TOP PICKS

The new third board is the best way to compete against New York and attract more listings to Hong Kong, says Charles Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing. But Jake Van Der Kamp argues it is only the best way to cash him out of his share options at a top price when he goes looking for his next job. Photo: Felix Wong
READ FULL ARTICLE