Hong Kong Stock Exchange Makes Massive Blunder With Dual-Class Decision

Hong Kong is wrong to revise its listing rules. It is allowing itself to be held to ransom by arrogant tech bosses who want to take public money but allow the public no influence over their corporate decisions in exchange.

The Hong Kong Stock Exchange has announced changes to its standards for public companies that would allow dual-class share structures. The changes, due to go into effect by the middle of next year at the latest, would also allow companies with dubious viability as ongoing business operations to list....1150 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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