Hong Kong’s stock exchange operator, Hong Kong Exchanges and Clearing HKEX, has published a consultation paper outlining proposed changes to its listing rules for specialist technology companies.
The new initiative will be a “game-changer” in terms of opening up the Hong Kong market to more types of companies and modernising its listing regime in line with industry and market developments, Hong Kong-based Clifford Chance partner, Virginia Lee, told FinanceAsia.
The new rules known as Chapter 18C will apply to companies operating in sectors that are grouped under five categories. These comprise next-generation information technology’, which includes areas such as AI advanced hardware’, which includes...
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