Nisha Gopalan, Columnist

SGX's Doubly Bad Idea

This won't fix the thing SGX needs most -- liquidity.
Photographer: Nicky Loh/Bloomberg
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Singapore is racing Hong Kong to the bottom in weakening shareholder rights.

The city-state's exchange saidBloomberg Terminal Friday it will allow companies with dual-class share structures to list, a month after Hong Kong announced a similar proposal.