Deals

Investors Wave Red Flags at Hong Kong Dual-Class Shares Plan

  • Three industry goups voice opposition to HKEX proposals
  • A recent study finds that most dual-class firms outperform

Investors Reject HKEX's Dual-Class Shares

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Hong Kong Exchanges & Clearing Ltd. is having trouble winning over money managers to its plans for dual-class shares in the world’s fourth-largest stock market.