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HKEX Reveals HK May See 1st Listing by Middle Eastern Consumer Firm, Plans to Explore Optimization of Weighted Voting Rights Structure
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Johnson Chui, Head of HKEX (00388.HK)'s Global Issuer Services, revealed in an interview with RTHK in Riyadh that the office established by HKEX in Riyadh, Saudi Arabia, has recently begun operations, with an aim to enhance communication and collaboration with partners in the region. As Hong Kong may see a listing by a consumer company headquartered in the Middle East for the first time ever, Chui described it as an initial achievement for HKEX, emphasizing that Hong Kong can provide value-added opportunities for companies in the Middle East. Chui also added that HKEX will continue to optimize the listing process, aligning the listing procedures and rules with capital market developments. Meanwhile, it will explore whether there is room for optimization in the weighted voting rights structure introduced seven years ago. AAStocks Financial News |
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