HONG KONG -- Amid fierce competition to lure technology companies to list in Hong Kong, the city's only stock exchange is considering launching a new board under a "weighted voting rights" structure, a controversial stock model that its regulator firmly vetoed in mid-2015.
The consideration, according to Hong Kong Exchanges & Clearing Chief Executive Charles Li Xiaojia, would hopefully be part of a "holistic" consultation that would also include a review of the Growth Enterprise Market board and the listing regulatory regime. Both have been under fire for providing fertile ground for shell companies' trades in Hong Kong.
