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Money managers wave red flags at HK dual-class shares plan

Published Wed, Aug 23, 2017 · 09:50 PM

Hong Kong

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

The Council of Institutional Investors, Hong Kong Investment Funds Association (HKIFA) and Asian Corporate Governance Association have all come out against HKEX's plans, as…

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Companies & Markets

Companies & Markets

Money managers wave red flags at HK dual-class shares plan

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Blackstone reports 1% rise in Q1 earnings

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