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Wed, 31 Mar 2021 22:15   Enoch Yiu

Hong Kong’s exchange proposes to cut capital requirements, broaden qualifications for secondary listings as it kicks off two-month consultation on additional listing reforms

Hong Kong Exchanges and Clearing Limited (HKEX), the world’s biggest market operator by value, will begin a two-month consultation period to solicit public feedback on a plan to extend its listing reforms to attract more companies to raise capital on the city’s stock exchange.The exchange plans to substantially lower the capitalisation qualification to enable smaller companies to raise funds in the city through secondary listings, broaden the scope of US-listed companies for a second…

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