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BlackRock urges shareholder protection as Asia bourses weigh dual-class listings

Both Singapore Exchange and Hong Kong Exchanges & Clearing have proposed new rules to allow companies to sell shares with different voting rights.

Hong Kong

HONG Kong and Singapore bourses need to introduce shareholder protection measures if they allow companies with dual-classes of shares to list, BlackRock Inc's head of investment stewardship for the Asia-Pacific said on Tuesday.

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