As soon as the second half of next year, HKEx may accept the listing application

Chen Mao-bo, the Financial Secretary of Hong Kong, said that the Hong Kong Stock Exchange (0388.HK) can accept as early as the second half of next year the listing applications of companies with different rights (different voting rights structures) in the same share, which is expected to attract new economic enterprises and some innovative enterprises, And companies coming to Hong Kong for the second listing.

The Financial Leadership Committee chaired by Chen Mao-Bo met on Tuesday to discuss in depth the platform of choice for developing Hong Kong as an IPO and second listing, with particular emphasis on innovative and emerging companies, including those with different rights in the same shares, to list in Hong Kong.

After the meeting, Chen Maobo told the media that the committee preferred to include a special chapter in the Main Board Listing Rules to handle the listing of emerging and innovative companies without the need for a new board. It also considered that the same-share-unincorporated companies first went public in Hong Kong or The second listing of the basic access threshold should be the same, to avoid the situation of arbitration.