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The exchange operator Hong Kong Exchanges & Clearing announced it will ease the minimum shareholding criteria for mainland Chinese firms aiming to list in Hong Kong beginning next week.
Firms listed on mainland exchanges were required to provide a minimum of 15% of their total shares to investors on the HKEX, but this limit has now been reduced to 10%.
The exchange has lowered the maximum share percentage available for retail investors to 35%, down from the present 50%.
source: scmp.com
Firms listed on mainland exchanges were required to provide a minimum of 15% of their total shares to investors on the HKEX, but this limit has now been reduced to 10%.
The exchange has lowered the maximum share percentage available for retail investors to 35%, down from the present 50%.
source: scmp.com
